Vise Technologies Inc. purchased a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,040 shares of the exchange traded fund’s stock, valued at approximately $578,000.
Other institutional investors have also recently made changes to their positions in the company. United Community Bank bought a new stake in shares of Invesco BuyBack Achievers ETF during the 2nd quarter worth $70,000. Envestnet Asset Management Inc. grew its position in Invesco BuyBack Achievers ETF by 173.4% in the second quarter. Envestnet Asset Management Inc. now owns 192,831 shares of the exchange traded fund’s stock worth $27,316,000 after acquiring an additional 122,311 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in Invesco BuyBack Achievers ETF by 16,177.2% in the second quarter. TD Waterhouse Canada Inc. now owns 40,693 shares of the exchange traded fund’s stock valued at $5,765,000 after acquiring an additional 40,443 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in Invesco BuyBack Achievers ETF by 692.1% in the second quarter. Concurrent Investment Advisors LLC now owns 25,950 shares of the exchange traded fund’s stock valued at $3,676,000 after acquiring an additional 22,674 shares during the last quarter. Finally, Corient Private Wealth LP increased its stake in Invesco BuyBack Achievers ETF by 218.7% in the second quarter. Corient Private Wealth LP now owns 28,680 shares of the exchange traded fund’s stock valued at $4,063,000 after acquiring an additional 19,681 shares during the last quarter.
Invesco BuyBack Achievers ETF Stock Up 0.7%
NASDAQ PKW opened at $151.29 on Thursday. The stock’s 50-day simple moving average is $148.76 and its two-hundred day simple moving average is $141.97. Invesco BuyBack Achievers ETF has a twelve month low of $125.47 and a twelve month high of $154.72. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 13.43 and a beta of 0.92.
Invesco BuyBack Achievers ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.2183 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, September 21st. This is a decrease from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575.
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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