Collaborative Wealth Managment Inc. Has $861,000 Stock Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Collaborative Wealth Managment Inc. reduced its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,474 shares of the exchange traded fund’s stock after selling 237 shares during the quarter. Collaborative Wealth Managment Inc. owned about 0.07% of Invesco BuyBack Achievers ETF worth $861,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth approximately $28,804,000. Elevation Capital Advisory LLC raised its stake in shares of Invesco BuyBack Achievers ETF by 2,608.4% in the fourth quarter. Elevation Capital Advisory LLC now owns 76,484 shares of the exchange traded fund’s stock worth $8,806,000 after purchasing an additional 73,660 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth approximately $3,591,000. One Capital Management LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth approximately $3,295,000. Finally, Truist Financial Corp raised its stake in shares of Invesco BuyBack Achievers ETF by 33.0% in the fourth quarter. Truist Financial Corp now owns 102,398 shares of the exchange traded fund’s stock worth $11,789,000 after purchasing an additional 25,389 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Up 2.4 %

Shares of Invesco BuyBack Achievers ETF stock opened at $111.82 on Friday. The company has a market cap of $1.19 billion, a PE ratio of 17.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 52 week low of $101.26 and a 52 week high of $125.31. The business has a 50 day moving average price of $117.10 and a 200-day moving average price of $116.73.

Invesco BuyBack Achievers ETF Dividend Announcement

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