Creative Planning Has $1.79 Million Position in Invesco BuyBack Achievers ETF $PKW

Creative Planning raised its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 32.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,464 shares of the exchange traded fund’s stock after purchasing an additional 3,561 shares during the quarter. Creative Planning owned approximately 0.13% of Invesco BuyBack Achievers ETF worth $1,788,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PKW. Farther Finance Advisors LLC raised its position in shares of Invesco BuyBack Achievers ETF by 9.5% in the second quarter. Farther Finance Advisors LLC now owns 7,162 shares of the exchange traded fund’s stock valued at $885,000 after purchasing an additional 622 shares during the period. Hazlett Burt & Watson Inc. grew its stake in Invesco BuyBack Achievers ETF by 2,441.3% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 6,277 shares of the exchange traded fund’s stock valued at $773,000 after buying an additional 6,030 shares during the last quarter. Assetmark Inc. raised its holdings in Invesco BuyBack Achievers ETF by 262.8% in the 1st quarter. Assetmark Inc. now owns 283 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 205 shares during the period. LPL Financial LLC raised its holdings in Invesco BuyBack Achievers ETF by 3.3% in the 1st quarter. LPL Financial LLC now owns 392,318 shares of the exchange traded fund’s stock valued at $44,201,000 after acquiring an additional 12,694 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Invesco BuyBack Achievers ETF by 3.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 40,663 shares of the exchange traded fund’s stock worth $5,129,000 after acquiring an additional 1,314 shares during the last quarter.

Invesco BuyBack Achievers ETF Trading Up 0.9%

Invesco BuyBack Achievers ETF stock opened at $132.23 on Thursday. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05. Invesco BuyBack Achievers ETF has a 12 month low of $96.10 and a 12 month high of $134.95. The stock’s 50 day moving average is $130.83 and its 200-day moving average is $126.83.

Invesco BuyBack Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.3774 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.51 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.37.

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.