Dana Investment Advisors Inc. Purchases New Stake in Invesco BuyBack Achievers ETF $PKW

Dana Investment Advisors Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,403 shares of the exchange traded fund’s stock, valued at approximately $726,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PKW. Bank of America Corp DE raised its position in shares of Invesco BuyBack Achievers ETF by 5.6% in the third quarter. Bank of America Corp DE now owns 824,794 shares of the exchange traded fund’s stock valued at $109,269,000 after purchasing an additional 43,912 shares during the period. UBS Group AG boosted its holdings in shares of Invesco BuyBack Achievers ETF by 11.4% during the 3rd quarter. UBS Group AG now owns 137,398 shares of the exchange traded fund’s stock worth $18,202,000 after buying an additional 14,043 shares during the period. Curtis Advisory Group LLC grew its stake in Invesco BuyBack Achievers ETF by 4.8% in the 4th quarter. Curtis Advisory Group LLC now owns 81,820 shares of the exchange traded fund’s stock valued at $10,990,000 after buying an additional 3,760 shares during the last quarter. Triton Wealth Management PLLC grew its stake in Invesco BuyBack Achievers ETF by 565.5% in the 4th quarter. Triton Wealth Management PLLC now owns 70,934 shares of the exchange traded fund’s stock valued at $9,585,000 after buying an additional 60,275 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in Invesco BuyBack Achievers ETF by 2.3% in the 4th quarter. Koshinski Asset Management Inc. now owns 70,184 shares of the exchange traded fund’s stock valued at $9,427,000 after acquiring an additional 1,589 shares during the period.

Invesco BuyBack Achievers ETF Stock Up 0.5%

Invesco BuyBack Achievers ETF stock opened at $134.98 on Tuesday. The company’s 50-day moving average price is $134.67 and its two-hundred day moving average price is $134.71. The stock has a market cap of $1.60 billion, a P/E ratio of 15.13 and a beta of 0.95. Invesco BuyBack Achievers ETF has a twelve month low of $115.56 and a twelve month high of $141.39.

Invesco BuyBack Achievers ETF Cuts Dividend

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

Invesco BuyBack Achievers ETF 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.