&Partners Acquires Shares of 5,987 Invesco BuyBack Achievers ETF (NASDAQ:PKW)

&Partners purchased a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,987 shares of the exchange traded fund’s stock, valued at approximately $648,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pacific Wealth Strategies Group Inc. increased its holdings in shares of Invesco BuyBack Achievers ETF by 3.8% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 101,781 shares of the exchange traded fund’s stock worth $10,078,000 after buying an additional 3,754 shares in the last quarter. Principal Securities Inc. acquired a new position in Invesco BuyBack Achievers ETF during the 4th quarter valued at about $520,000. Financial Security Advisor Inc. bought a new position in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at about $207,000. Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco BuyBack Achievers ETF by 1.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 177,977 shares of the exchange traded fund’s stock worth $17,623,000 after buying an additional 2,623 shares during the period. Finally, Thoroughbred Financial Services LLC raised its stake in shares of Invesco BuyBack Achievers ETF by 148.8% during the fourth quarter. Thoroughbred Financial Services LLC now owns 15,366 shares of the exchange traded fund’s stock worth $1,521,000 after buying an additional 9,191 shares during the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of NASDAQ PKW opened at $104.60 on Monday. Invesco BuyBack Achievers ETF has a fifty-two week low of $84.19 and a fifty-two week high of $108.33. The firm has a market capitalization of $1.11 billion, a P/E ratio of 12.93 and a beta of 1.09. The company’s 50 day simple moving average is $103.65 and its 200 day simple moving average is $102.15.

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.