Invesco BuyBack Achievers ETF (NASDAQ:PKW) Short Interest Update

Invesco BuyBack Achievers ETF (NASDAQ:PKW) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 17,362 shares, a decline of 47.4% from the January 29th total of 33,001 shares. Based on an average daily volume of 29,002 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 29,002 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW opened at $139.09 on Friday. The company has a 50-day simple moving average of $137.08 and a 200-day simple moving average of $133.24. Invesco BuyBack Achievers ETF has a 52 week low of $96.10 and a 52 week high of $140.10. The firm has a market capitalization of $2.16 billion, a P/E ratio of 15.13 and a beta of 1.05.

Invesco BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.2739 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.10 dividend on an annualized basis and a dividend yield of 0.8%.

Institutional Trading of Invesco BuyBack Achievers ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Creative Planning increased its holdings in Invesco BuyBack Achievers ETF by 32.7% in the 2nd quarter. Creative Planning now owns 14,464 shares of the exchange traded fund’s stock valued at $1,788,000 after buying an additional 3,561 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Invesco BuyBack Achievers ETF by 23.9% during the 2nd quarter. Osaic Holdings Inc. now owns 45,702 shares of the exchange traded fund’s stock worth $5,651,000 after acquiring an additional 8,830 shares during the period. TBH Global Asset Management LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter valued at about $881,000. Del Sette Capital Management LLC bought a new stake in Invesco BuyBack Achievers ETF in the second quarter valued at about $810,000. Finally, Steward Partners Investment Advisory LLC increased its stake in Invesco BuyBack Achievers ETF by 16.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 21,148 shares of the exchange traded fund’s stock valued at $2,614,000 after acquiring an additional 3,022 shares during the period.

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.