Fortitude Financial LLC Has $3.05 Million Position in Invesco BuyBack Achievers ETF $PKW

Fortitude Financial LLC lessened its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 15.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 25,272 shares of the exchange traded fund’s stock after selling 4,617 shares during the period. Invesco BuyBack Achievers ETF accounts for about 1.9% of Fortitude Financial LLC’s portfolio, making the stock its 13th largest position. Fortitude Financial LLC owned 0.22% of Invesco BuyBack Achievers ETF worth $3,048,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Costello Asset Management INC grew its holdings in Invesco BuyBack Achievers ETF by 77.0% during the 2nd quarter. Costello Asset Management INC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Assetmark Inc. raised its stake in shares of Invesco BuyBack Achievers ETF by 72.4% in the second quarter. Assetmark Inc. now owns 488 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 205 shares during the last quarter. Bangor Savings Bank acquired a new position in shares of Invesco BuyBack Achievers ETF during the second quarter worth approximately $95,000. Ameritas Advisory Services LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the second quarter worth approximately $115,000. Finally, Nova Wealth Management Inc. grew its stake in shares of Invesco BuyBack Achievers ETF by 2,519.4% during the third quarter. Nova Wealth Management Inc. now owns 943 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 907 shares during the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $135.53 on Friday. The firm has a 50 day simple moving average of $131.47 and a 200 day simple moving average of $128.68. Invesco BuyBack Achievers ETF has a fifty-two week low of $96.10 and a fifty-two week high of $136.88. The firm has a market cap of $1.54 billion, a P/E ratio of 15.13 and a beta of 1.05.

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.