Fmr LLC Purchases 903 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Fmr LLC grew its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,287 shares of the exchange traded fund’s stock after acquiring an additional 903 shares during the period. Fmr LLC owned about 0.38% of Invesco BuyBack Achievers ETF worth $4,614,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC purchased a new stake in Invesco BuyBack Achievers ETF in the second quarter worth $31,000. Mendota Financial Group LLC bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth $59,000. Valley Wealth Managers Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 3rd quarter worth about $90,000. Lion Street Advisors LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter valued at about $202,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter valued at about $203,000.

Invesco BuyBack Achievers ETF Price Performance

PKW stock opened at $119.75 on Friday. Invesco BuyBack Achievers ETF has a 1 year low of $96.67 and a 1 year high of $125.31. The firm has a 50-day moving average of $119.30 and a 200 day moving average of $111.49. The company has a market cap of $1.27 billion, a P/E ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.23 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.92 annualized dividend and a dividend yield of 0.77%. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22.

About Invesco BuyBack Achievers ETF

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.