Independent Wealth Network Inc. Has $621,000 Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Independent Wealth Network Inc. reduced its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.1% during the 4th quarter, Holdings Channel reports. The fund owned 5,391 shares of the exchange traded fund’s stock after selling 171 shares during the quarter. Independent Wealth Network Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $621,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Pacific Wealth Strategies Group Inc. boosted its holdings in shares of Invesco BuyBack Achievers ETF by 8.6% in the 3rd quarter. Pacific Wealth Strategies Group Inc. now owns 114,159 shares of the exchange traded fund’s stock worth $13,073,000 after acquiring an additional 9,046 shares in the last quarter. Legacy Capital Wealth Partners LLC lifted its holdings in Invesco BuyBack Achievers ETF by 27.4% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 100,315 shares of the exchange traded fund’s stock worth $10,957,000 after buying an additional 21,547 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in Invesco BuyBack Achievers ETF by 11.9% during the 4th quarter. Koshinski Asset Management Inc. now owns 67,055 shares of the exchange traded fund’s stock worth $7,720,000 after buying an additional 7,121 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco BuyBack Achievers ETF by 1.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,598 shares of the exchange traded fund’s stock worth $4,878,000 after buying an additional 499 shares in the last quarter. Finally, FMR LLC lifted its holdings in Invesco BuyBack Achievers ETF by 2.3% during the 3rd quarter. FMR LLC now owns 40,287 shares of the exchange traded fund’s stock worth $4,614,000 after buying an additional 903 shares in the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

NASDAQ:PKW opened at $119.40 on Thursday. The stock’s fifty day moving average price is $119.14 and its two-hundred day moving average price is $114.07. Invesco BuyBack Achievers ETF has a 52-week low of $98.73 and a 52-week high of $125.31. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

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

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.