Invesco BuyBack Achievers ETF (NASDAQ:PKW) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC reduced its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,251 shares of the exchange traded fund’s stock after selling 735 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.17% of Invesco BuyBack Achievers ETF worth $2,101,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of PKW. Kovitz Investment Group Partners LLC increased its stake in Invesco BuyBack Achievers ETF by 1.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 14,209 shares of the exchange traded fund’s stock worth $1,596,000 after purchasing an additional 136 shares in the last quarter. Principal Securities Inc. increased its stake in Invesco BuyBack Achievers ETF by 4.6% in the 4th quarter. Principal Securities Inc. now owns 4,292 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 189 shares in the last quarter. Ergawealth Advisors Inc. increased its stake in Invesco BuyBack Achievers ETF by 6.8% in the 4th quarter. Ergawealth Advisors Inc. now owns 3,576 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 228 shares in the last quarter. Grove Bank & Trust purchased a new position in Invesco BuyBack Achievers ETF in the 4th quarter worth about $35,000. Finally, Venturi Wealth Management LLC purchased a new position in Invesco BuyBack Achievers ETF in the 4th quarter worth about $43,000.

Invesco BuyBack Achievers ETF Trading Up 1.0 %

Shares of PKW opened at $114.36 on Friday. The business’s 50-day moving average price is $117.55 and its 200 day moving average price is $116.70. The stock has a market capitalization of $1.21 billion, a P/E ratio of 17.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 1-year low of $101.26 and a 1-year high of $125.31.

Invesco BuyBack Achievers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.2197 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.