Invesco BuyBack Achievers ETF $PKW Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC decreased its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 29.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,321 shares of the exchange traded fund’s stock after selling 5,492 shares during the period. NewEdge Advisors LLC owned approximately 0.11% of Invesco BuyBack Achievers ETF worth $1,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC grew its stake in Invesco BuyBack Achievers ETF by 1.2% during the 4th quarter. Belpointe Asset Management LLC now owns 9,268 shares of the exchange traded fund’s stock valued at $1,245,000 after purchasing an additional 109 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of Invesco BuyBack Achievers ETF by 1.9% in the first quarter. Quantinno Capital Management LP now owns 6,698 shares of the exchange traded fund’s stock worth $879,000 after purchasing an additional 123 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Invesco BuyBack Achievers ETF by 1.3% during the fourth quarter. Bank of Montreal Can now owns 11,581 shares of the exchange traded fund’s stock worth $1,556,000 after purchasing an additional 145 shares during the period. Pacific Sun Financial Corp lifted its holdings in shares of Invesco BuyBack Achievers ETF by 1.0% during the fourth quarter. Pacific Sun Financial Corp now owns 15,421 shares of the exchange traded fund’s stock worth $2,071,000 after purchasing an additional 155 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Invesco BuyBack Achievers ETF by 7.7% during the fourth quarter. Allworth Financial LP now owns 2,728 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 196 shares during the period.

Invesco BuyBack Achievers ETF Stock Down 0.0%

Shares of NASDAQ PKW opened at $151.96 on Friday. Invesco BuyBack Achievers ETF has a 52 week low of $125.47 and a 52 week high of $152.07. The business’s 50 day moving average price is $143.76 and its 200 day moving average price is $138.66. The firm has a market cap of $1.79 billion, a P/E ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.2575 per share. This represents a $1.03 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, June 22nd.

Invesco BuyBack Achievers ETF 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.