Invesco BuyBack Achievers ETF (NASDAQ:PKW) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 87,500 shares, an increase of 27.0% from the March 31st total of 68,900 shares. Based on an average trading volume of 204,900 shares, the days-to-cover ratio is currently 0.4 days.

Several hedge funds have recently bought and sold shares of PKW. Compton Wealth Advisory Group LLC bought a new stake in Invesco BuyBack Achievers ETF in the first quarter valued at approximately $665,000. Envestnet Asset Management Inc. boosted its holdings in Invesco BuyBack Achievers ETF by 152.3% in the first quarter. Envestnet Asset Management Inc. now owns 6,040,787 shares of the exchange traded fund’s stock valued at $508,695,000 after acquiring an additional 3,646,780 shares during the last quarter. Curtis Advisory Group LLC boosted its holdings in Invesco BuyBack Achievers ETF by 173.3% in the first quarter. Curtis Advisory Group LLC now owns 71,129 shares of the exchange traded fund’s stock valued at $5,990,000 after acquiring an additional 45,102 shares during the last quarter. IFP Advisors Inc boosted its holdings in Invesco BuyBack Achievers ETF by 125.7% in the first quarter. IFP Advisors Inc now owns 23,725 shares of the exchange traded fund’s stock valued at $1,993,000 after acquiring an additional 13,213 shares during the last quarter. Finally, Tempus Wealth Planning LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 3.8% during the 1st quarter. Tempus Wealth Planning LLC now owns 11,386 shares of the exchange traded fund’s stock worth $959,000 after buying an additional 416 shares in the last quarter.

NASDAQ:PKW traded up $0.07 on Tuesday, reaching $88.72. The company’s stock had a trading volume of 195,345 shares, compared to its average volume of 175,634. The business’s 50-day moving average price is $85.72 and its two-hundred day moving average price is $77.44. Invesco BuyBack Achievers ETF has a 1-year low of $49.64 and a 1-year high of $89.01.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Tuesday, March 23rd were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Monday, March 22nd. This represents a $0.82 annualized dividend and a dividend yield of 0.92%.

About Invesco BuyBack Achievers ETF

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.

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