Invesco BuyBack Achievers ETF $PKW is Triton Wealth Management PLLC’s 7th Largest Position

Triton Wealth Management PLLC increased its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 565.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 70,934 shares of the exchange traded fund’s stock after acquiring an additional 60,275 shares during the period. Invesco BuyBack Achievers ETF comprises about 3.6% of Triton Wealth Management PLLC’s portfolio, making the stock its 7th largest holding. Triton Wealth Management PLLC’s holdings in Invesco BuyBack Achievers ETF were worth $9,585,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chesapeake Asset Management LLC purchased a new stake in Invesco BuyBack Achievers ETF in the fourth quarter worth $34,000. Cardiff Park Advisors LLC purchased a new stake in Invesco BuyBack Achievers ETF in the third quarter worth $79,000. International Assets Investment Management LLC purchased a new stake in Invesco BuyBack Achievers ETF in the fourth quarter worth $87,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Invesco BuyBack Achievers ETF in the fourth quarter worth $107,000. Finally, Private Trust Co. NA lifted its stake in Invesco BuyBack Achievers ETF by 143.1% in the fourth quarter. Private Trust Co. NA now owns 851 shares of the exchange traded fund’s stock worth $114,000 after acquiring an additional 501 shares during the period.

Invesco BuyBack Achievers ETF Stock Up 0.6%

Shares of PKW stock opened at $135.20 on Friday. The stock has a fifty day moving average of $134.77 and a 200 day moving average of $134.71. Invesco BuyBack Achievers ETF has a 52 week low of $115.56 and a 52 week high of $141.39. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 15.13 and a beta of 0.95.

Invesco BuyBack Achievers ETF Cuts Dividend

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

Invesco BuyBack Achievers ETF Company Profile

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.