Raymond James Financial Services Advisors Inc. Sells 35,194 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW – Get Rating) by 16.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 172,906 shares of the exchange traded fund’s stock after selling 35,194 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $12,833,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Stratos Wealth Partners LTD. lifted its holdings in shares of Invesco BuyBack Achievers ETF by 4.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 5,030 shares of the exchange traded fund’s stock worth $373,000 after acquiring an additional 201 shares during the period. Whittier Trust Co. bought a new position in shares of Invesco BuyBack Achievers ETF during the 3rd quarter worth about $41,000. Roosevelt Investment Group LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the 3rd quarter worth about $242,000. 360 Financial Inc. acquired a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter worth about $219,000. Finally, Pacific Wealth Strategies Group Inc. increased its position in shares of Invesco BuyBack Achievers ETF by 27.8% during the 3rd quarter. Pacific Wealth Strategies Group Inc. now owns 66,488 shares of the exchange traded fund’s stock worth $4,935,000 after purchasing an additional 14,445 shares in the last quarter.

Invesco BuyBack Achievers ETF Trading Up 1.8 %

Shares of Invesco BuyBack Achievers ETF stock opened at $87.73 on Friday. The company has a 50-day simple moving average of $86.52 and a 200 day simple moving average of $82.77. Invesco BuyBack Achievers ETF has a 12-month low of $73.80 and a 12-month high of $97.97.

Invesco BuyBack Achievers ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were given a dividend of $0.274 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Monday, December 19th.

Invesco BuyBack Achievers ETF Profile

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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.