Cetera Investment Advisers Increases Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Cetera Investment Advisers lifted its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 0.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,166 shares of the exchange traded fund’s stock after buying an additional 191 shares during the quarter. Cetera Investment Advisers owned approximately 0.27% of Invesco BuyBack Achievers ETF worth $3,173,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Comerica Bank grew its position in Invesco BuyBack Achievers ETF by 81.4% during the fourth quarter. Comerica Bank now owns 1,335 shares of the exchange traded fund’s stock valued at $154,000 after acquiring an additional 599 shares during the last quarter. Coppell Advisory Solutions LLC grew its position in Invesco BuyBack Achievers ETF by 51.2% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,400 shares of the exchange traded fund’s stock valued at $161,000 after acquiring an additional 474 shares during the last quarter. Novem Group bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $213,000. Key Client Fiduciary Advisors LLC boosted its stake in shares of Invesco BuyBack Achievers ETF by 8.4% during the first quarter. Key Client Fiduciary Advisors LLC now owns 1,915 shares of the exchange traded fund’s stock valued at $216,000 after purchasing an additional 149 shares during the period. Finally, NBC Securities Inc. boosted its stake in shares of Invesco BuyBack Achievers ETF by 108,450.0% during the first quarter. NBC Securities Inc. now owns 2,171 shares of the exchange traded fund’s stock valued at $244,000 after purchasing an additional 2,169 shares during the period.

Invesco BuyBack Achievers ETF Stock Performance

NASDAQ:PKW opened at $124.96 on Wednesday. The firm has a market cap of $1.37 billion, a PE ratio of 15.13 and a beta of 1.09. Invesco BuyBack Achievers ETF has a fifty-two week low of $96.10 and a fifty-two week high of $128.02. The business has a 50 day moving average price of $123.00 and a 200-day moving average price of $117.00.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.3716 per share. This represents a $1.49 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, June 23rd.

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.