Bank of New York Mellon Corp Has $2.80 Million Stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Bank of New York Mellon Corp lowered its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 26.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 24,273 shares of the exchange traded fund’s stock after selling 8,667 shares during the period. Bank of New York Mellon Corp’s holdings in Invesco BuyBack Achievers ETF were worth $2,795,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Kovitz Investment Group Partners LLC raised its stake in shares of Invesco BuyBack Achievers ETF by 1.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 14,209 shares of the exchange traded fund’s stock valued at $1,596,000 after buying an additional 136 shares in the last quarter. Principal Securities Inc. raised its position in Invesco BuyBack Achievers ETF by 4.6% in the fourth quarter. Principal Securities Inc. now owns 4,292 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 189 shares in the last quarter. Grove Bank & Trust acquired a new position in Invesco BuyBack Achievers ETF in the fourth quarter worth about $35,000. Venturi Wealth Management LLC acquired a new position in Invesco BuyBack Achievers ETF in the fourth quarter worth about $43,000. Finally, Crews Bank & Trust acquired a new stake in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $46,000.

Invesco BuyBack Achievers ETF Trading Down 0.2 %

Shares of PKW opened at $114.46 on Friday. The stock has a market cap of $1.22 billion, a PE ratio of 14.74 and a beta of 1.08. Invesco BuyBack Achievers ETF has a 1 year low of $101.26 and a 1 year high of $125.31. The stock has a 50 day simple moving average of $116.97 and a 200-day simple moving average of $116.76.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2197 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.