Invesco BuyBack Achievers ETF (NASDAQ:PKW) Holdings Reduced by Ameriprise Financial Inc.

Ameriprise Financial Inc. decreased its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 6.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 57,129 shares of the exchange traded fund’s stock after selling 4,158 shares during the period. Ameriprise Financial Inc. owned approximately 0.54% of Invesco BuyBack Achievers ETF worth $6,578,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $644,000. Cornerstone Wealth Management LLC lifted its stake in Invesco BuyBack Achievers ETF by 10.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 11,585 shares of the exchange traded fund’s stock valued at $1,334,000 after purchasing an additional 1,053 shares during the last quarter. Crews Bank & Trust acquired a new stake in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $46,000. Avantra Family Wealth Inc. acquired a new stake in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $359,000. Finally, Stratos Wealth Partners LTD. lifted its stake in Invesco BuyBack Achievers ETF by 6.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 6,639 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 401 shares during the last quarter.

Invesco BuyBack Achievers ETF Price Performance

PKW stock opened at $116.95 on Friday. Invesco BuyBack Achievers ETF has a 12 month low of $96.10 and a 12 month high of $125.31. The firm has a market cap of $1.23 billion, a PE ratio of 15.28 and a beta of 1.09. The firm has a 50 day simple moving average of $110.78 and a 200 day simple moving average of $115.78.

Invesco BuyBack Achievers ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.3078 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco BuyBack Achievers ETF’s previous dividend of $0.22.

Invesco BuyBack Achievers ETF 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.