Geneos Wealth Management Inc. Has $144,000 Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Geneos Wealth Management Inc. lowered its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 89.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,450 shares of the exchange traded fund’s stock after selling 11,804 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $144,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco BuyBack Achievers ETF by 1.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 177,977 shares of the exchange traded fund’s stock worth $17,623,000 after purchasing an additional 2,623 shares during the last quarter. Financial Security Advisor Inc. bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter valued at $207,000. HighTower Advisors LLC boosted its stake in Invesco BuyBack Achievers ETF by 176.8% in the 3rd quarter. HighTower Advisors LLC now owns 70,289 shares of the exchange traded fund’s stock valued at $6,331,000 after purchasing an additional 44,895 shares during the period. Janney Montgomery Scott LLC raised its holdings in Invesco BuyBack Achievers ETF by 4.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 6,124 shares of the exchange traded fund’s stock valued at $551,000 after acquiring an additional 281 shares in the last quarter. Finally, Spire Wealth Management raised its holdings in Invesco BuyBack Achievers ETF by 6,367.6% in the 3rd quarter. Spire Wealth Management now owns 4,398 shares of the exchange traded fund’s stock valued at $396,000 after acquiring an additional 4,330 shares in the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

Invesco BuyBack Achievers ETF stock opened at $102.88 on Tuesday. Invesco BuyBack Achievers ETF has a 52 week low of $81.93 and a 52 week high of $108.33. The stock has a market capitalization of $1.09 billion, a P/E ratio of 9.87 and a beta of 1.09. The stock has a fifty day moving average of $103.86 and a 200-day moving average of $97.23.

Invesco BuyBack Achievers ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.3103 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.