Private Advisor Group LLC Has $3.31 Million Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Private Advisor Group LLC grew its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,916 shares of the exchange traded fund’s stock after buying an additional 820 shares during the period. Private Advisor Group LLC’s holdings in Invesco BuyBack Achievers ETF were worth $3,311,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PKW. Russell Investments Group Ltd. acquired a new position in Invesco BuyBack Achievers ETF in the first quarter valued at $32,000. Larson Financial Group LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the 2nd quarter worth about $31,000. Mendota Financial Group LLC acquired a new position in shares of Invesco BuyBack Achievers ETF in the 3rd quarter valued at about $59,000. Lion Street Advisors LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter valued at about $202,000. Finally, Dynamic Advisor Solutions LLC acquired a new stake in Invesco BuyBack Achievers ETF during the third quarter worth approximately $203,000.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW opened at $114.69 on Monday. The firm has a market cap of $1.20 billion, a PE ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 52-week low of $84.19 and a 52-week high of $117.88. The business’s 50 day moving average price is $112.74 and its two-hundred day moving average price is $107.41.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend was Monday, September 23rd. This is an increase from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22.

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.