Truist Financial Corp Buys 25,389 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Truist Financial Corp increased its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 33.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 102,398 shares of the exchange traded fund’s stock after purchasing an additional 25,389 shares during the period. Truist Financial Corp’s holdings in Invesco BuyBack Achievers ETF were worth $11,789,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of PKW. Private Advisor Group LLC raised its position in Invesco BuyBack Achievers ETF by 2.9% in the 3rd quarter. Private Advisor Group LLC now owns 28,916 shares of the exchange traded fund’s stock worth $3,311,000 after buying an additional 820 shares during the last quarter. Park Edge Advisors LLC raised its position in Invesco BuyBack Achievers ETF by 26.9% in the 3rd quarter. Park Edge Advisors LLC now owns 26,431 shares of the exchange traded fund’s stock worth $3,027,000 after buying an additional 5,595 shares during the last quarter. Lodestar Private Asset Management LLC purchased a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth about $219,000. US Bancorp DE raised its position in Invesco BuyBack Achievers ETF by 23.7% in the 3rd quarter. US Bancorp DE now owns 2,786 shares of the exchange traded fund’s stock worth $319,000 after buying an additional 533 shares during the last quarter. Finally, Pacific Wealth Strategies Group Inc. raised its position in 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 buying an additional 9,046 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

Shares of NASDAQ:PKW opened at $119.16 on Friday. The business has a 50-day simple moving average of $117.82 and a two-hundred day simple moving average of $115.91. The firm 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 has a fifty-two week low of $100.11 and a fifty-two week high of $125.31.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently declared 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 was Monday, December 23rd.

About Invesco BuyBack Achievers ETF

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.