Invesco BuyBack Achievers ETF (NASDAQ:PKW) Stock Position Lowered by UBS Group AG

UBS Group AG lessened its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW – Get Rating) by 26.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 123,865 shares of the exchange traded fund’s stock after selling 43,450 shares during the quarter. UBS Group AG owned approximately 1.02% of Invesco BuyBack Achievers ETF worth $10,598,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Cibc World Market Inc. grew its stake in Invesco BuyBack Achievers ETF by 8.9% during the 1st quarter. Cibc World Market Inc. now owns 8,079 shares of the exchange traded fund’s stock valued at $731,000 after acquiring an additional 661 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF during the first quarter worth $1,055,000. Invesco Ltd. raised its holdings in shares of Invesco BuyBack Achievers ETF by 23.1% during the first quarter. Invesco Ltd. now owns 9,633 shares of the exchange traded fund’s stock worth $872,000 after acquiring an additional 1,809 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF during the first quarter worth $1,679,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Invesco BuyBack Achievers ETF by 50.8% during the first quarter. Geneos Wealth Management Inc. now owns 2,746 shares of the exchange traded fund’s stock worth $248,000 after acquiring an additional 925 shares in the last quarter.

Invesco BuyBack Achievers ETF Trading Down 0.1 %

Shares of NASDAQ:PKW opened at $84.79 on Tuesday. Invesco BuyBack Achievers ETF has a 1 year low of $73.80 and a 1 year high of $92.76. The business has a fifty day simple moving average of $84.87 and a 200 day simple moving average of $86.33. The firm has a market cap of $945.41 million, a price-to-earnings ratio of 9.87 and a beta of 1.09.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Tuesday, March 21st were given a $0.296 dividend. This represents a $1.18 annualized dividend and a yield of 1.40%. This is an increase from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Monday, March 20th.

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.