Wells Fargo & Company MN trimmed its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 50.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 135,704 shares of the exchange traded fund’s stock after selling 137,487 shares during the period. Wells Fargo & Company MN owned about 1.05% of Invesco BuyBack Achievers ETF worth $6,576,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter valued at about $237,000. Jane Street Group LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 178.0% during the 4th quarter. Jane Street Group LLC now owns 22,466 shares of the exchange traded fund’s stock worth $1,550,000 after buying an additional 14,384 shares in the last quarter. M&T Bank Corp bought a new position in shares of Invesco BuyBack Achievers ETF during the 1st quarter worth approximately $271,000. Archer Investment Corp acquired a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $10,554,000. Finally, Independent Family Office LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at $1,492,000.
Shares of NASDAQ PKW opened at $56.69 on Wednesday. The company’s fifty day simple moving average is $56.41 and its 200 day simple moving average is $59.56. Invesco BuyBack Achievers ETF has a 12-month low of $39.13 and a 12-month high of $70.70.
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.
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