Sovran Advisors LLC Acquires Shares of 23,654 Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Sovran Advisors LLC bought a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 23,654 shares of the exchange traded fund’s stock, valued at approximately $2,748,000.

Other institutional investors also recently modified their holdings of the company. Kovitz Investment Group Partners LLC grew its holdings in Invesco BuyBack Achievers ETF by 1.0% during 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. Tempus Wealth Planning LLC boosted its position in shares of Invesco BuyBack Achievers ETF by 1.8% in the third quarter. Tempus Wealth Planning LLC now owns 10,306 shares of the exchange traded fund’s stock valued at $1,180,000 after acquiring an additional 178 shares during the period. Grove Bank & Trust purchased a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $35,000. Crews Bank & Trust bought a new stake in Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $46,000. Finally, Stratos Wealth Partners LTD. lifted its stake in Invesco BuyBack Achievers ETF by 6.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 6,639 shares of the exchange traded fund’s stock worth $764,000 after purchasing an additional 401 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

PKW opened at $119.25 on Tuesday. The firm has a market capitalization of $1.27 billion, a P/E ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a one year low of $99.16 and a one year high of $125.31. The company has a fifty day moving average price of $118.44 and a 200-day moving average price of $115.34.

Invesco BuyBack Achievers ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given 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.