Silver Oak Securities Incorporated Takes Position in Invesco BuyBack Achievers ETF $PKW

Silver Oak Securities Incorporated acquired a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,007 shares of the exchange traded fund’s stock, valued at approximately $1,445,000.

Several other institutional investors have also recently modified their holdings of PKW. Breakwater Capital Group boosted its position in Invesco BuyBack Achievers ETF by 2.9% in the first quarter. Breakwater Capital Group now owns 21,089 shares of the exchange traded fund’s stock valued at $2,768,000 after buying an additional 589 shares during the last quarter. Total Clarity Wealth Management Inc. lifted its stake in Invesco BuyBack Achievers ETF by 1,179.7% during the 1st quarter. Total Clarity Wealth Management Inc. now owns 29,573 shares of the exchange traded fund’s stock valued at $3,881,000 after acquiring an additional 27,262 shares during the period. Stonebridge Financial Group LLC MO purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at $305,000. Osbon Capital Management LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at $420,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth $806,000.

Invesco BuyBack Achievers ETF Price Performance

NASDAQ:PKW opened at $140.81 on Friday. The company’s fifty day moving average price is $137.64 and its 200-day moving average price is $136.25. Invesco BuyBack Achievers ETF has a 1-year low of $121.44 and a 1-year high of $142.41. The firm has a market capitalization of $1.67 billion, a P/E ratio of 15.13 and a beta of 0.93.

Invesco BuyBack Achievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be given a dividend of $0.2575 per share. This represents a $1.03 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, June 22nd.

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.