Invesco BuyBack Achievers ETF (NASDAQ:PKW) Shares Sold by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC decreased its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,532 shares of the exchange traded fund’s stock after selling 492 shares during the quarter. Cornerstone Wealth Management LLC owned 0.10% of Invesco BuyBack Achievers ETF worth $1,206,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PKW. &PARTNERS acquired a new stake in Invesco BuyBack Achievers ETF in the first quarter valued at approximately $648,000. Wealthcare Advisory Partners LLC grew its position in shares of Invesco BuyBack Achievers ETF by 26.6% during the first quarter. Wealthcare Advisory Partners LLC now owns 3,227 shares of the exchange traded fund’s stock worth $349,000 after buying an additional 678 shares in the last quarter. Breakwater Capital Group grew its position in shares of Invesco BuyBack Achievers ETF by 5.4% during the first quarter. Breakwater Capital Group now owns 14,082 shares of the exchange traded fund’s stock worth $1,524,000 after buying an additional 721 shares in the last quarter. Tempus Wealth Planning LLC grew its position in shares of Invesco BuyBack Achievers ETF by 14.6% during the first quarter. Tempus Wealth Planning LLC now owns 9,723 shares of the exchange traded fund’s stock worth $1,052,000 after buying an additional 1,242 shares in the last quarter. Finally, Park Edge Advisors LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF during the first quarter worth approximately $2,204,000.

Invesco BuyBack Achievers ETF Trading Down 0.3 %

PKW stock opened at $117.22 on Friday. Invesco BuyBack Achievers ETF has a twelve month low of $84.19 and a twelve month high of $117.61. The company has a market capitalization of $1.23 billion, a P/E ratio of 12.93 and a beta of 1.09. The firm has a 50 day simple moving average of $111.62 and a 200-day simple moving average of $107.01.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.23 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.78%. This is an increase from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22.

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.