Invesco BuyBack Achievers ETF $PKW Shares Acquired by Smart Portfolios LLC

Smart Portfolios LLC raised its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 23.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,750 shares of the exchange traded fund’s stock after buying an additional 4,353 shares during the period. Invesco BuyBack Achievers ETF makes up 3.0% of Smart Portfolios LLC’s portfolio, making the stock its 4th biggest position. Smart Portfolios LLC’s holdings in Invesco BuyBack Achievers ETF were worth $3,056,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PKW. Integrated Wealth Concepts LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 9.0% in the first quarter. Integrated Wealth Concepts LLC now owns 4,148 shares of the exchange traded fund’s stock valued at $467,000 after acquiring an additional 342 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco BuyBack Achievers ETF during the first quarter worth approximately $417,000. JPMorgan Chase & Co. raised its holdings in Invesco BuyBack Achievers ETF by 1.2% during the second quarter. JPMorgan Chase & Co. now owns 32,289 shares of the exchange traded fund’s stock worth $3,991,000 after purchasing an additional 391 shares in the last quarter. NewEdge Advisors LLC lifted its position in Invesco BuyBack Achievers ETF by 16.4% in the second quarter. NewEdge Advisors LLC now owns 28,115 shares of the exchange traded fund’s stock worth $3,475,000 after purchasing an additional 3,951 shares during the period. Finally, Bank of America Corp DE boosted its stake in Invesco BuyBack Achievers ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 780,882 shares of the exchange traded fund’s stock valued at $96,517,000 after purchasing an additional 16,109 shares in the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW stock opened at $136.88 on Thursday. Invesco BuyBack Achievers ETF has a 1 year low of $107.70 and a 1 year high of $141.39. The business’s fifty day moving average is $135.02 and its 200-day moving average is $134.36. The stock has a market cap of $1.63 billion, a PE ratio of 15.13 and a beta of 0.98.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.2167 dividend. The ex-dividend date was Monday, March 23rd. This represents a $0.87 annualized dividend and a yield of 0.6%.

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.