Navigation Group LLC Purchases New Shares in Invesco BuyBack Achievers ETF $PKW

Navigation Group LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,700 shares of the exchange traded fund’s stock, valued at approximately $617,000.

A number of other hedge funds have also recently bought and sold shares of PKW. Bank of America Corp DE grew its stake in shares of Invesco BuyBack Achievers ETF by 5.6% in the 3rd quarter. Bank of America Corp DE now owns 824,794 shares of the exchange traded fund’s stock worth $109,269,000 after acquiring an additional 43,912 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco BuyBack Achievers ETF by 9.5% during the fourth quarter. LPL Financial LLC now owns 463,308 shares of the exchange traded fund’s stock valued at $62,232,000 after purchasing an additional 40,121 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Invesco BuyBack Achievers ETF by 11.2% during the fourth quarter. Wells Fargo & Company MN now owns 372,416 shares of the exchange traded fund’s stock worth $50,023,000 after purchasing an additional 37,513 shares during the last quarter. UBS Group AG boosted its holdings in Invesco BuyBack Achievers ETF by 11.4% during the third quarter. UBS Group AG now owns 137,398 shares of the exchange traded fund’s stock worth $18,202,000 after purchasing an additional 14,043 shares during the last quarter. Finally, Curtis Advisory Group LLC boosted its holdings in Invesco BuyBack Achievers ETF by 4.8% during the fourth quarter. Curtis Advisory Group LLC now owns 81,820 shares of the exchange traded fund’s stock worth $10,990,000 after purchasing an additional 3,760 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

NASDAQ:PKW opened at $143.46 on Thursday. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a 52 week low of $122.86 and a 52 week high of $144.82. The firm has a 50-day moving average price of $138.86 and a two-hundred day moving average price of $137.00.

Invesco BuyBack Achievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.2575 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.03 annualized dividend and a dividend yield of 0.7%.

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.