Hudock Inc. Has $5.61 Million Holdings in Invesco BuyBack Achievers ETF $PKW

Hudock Inc. increased its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 105.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,793 shares of the exchange traded fund’s stock after acquiring an additional 21,437 shares during the period. Invesco BuyBack Achievers ETF comprises 0.8% of Hudock Inc.’s investment portfolio, making the stock its 27th biggest holding. Hudock Inc. owned 0.27% of Invesco BuyBack Achievers ETF worth $5,614,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Modern Wealth Management LLC boosted its holdings in Invesco BuyBack Achievers ETF by 2.3% in the 3rd quarter. Modern Wealth Management LLC now owns 3,566 shares of the exchange traded fund’s stock worth $472,000 after buying an additional 79 shares during the period. Essex Financial Services Inc. boosted its holdings in Invesco BuyBack Achievers ETF by 0.5% in the 3rd quarter. Essex Financial Services Inc. now owns 16,604 shares of the exchange traded fund’s stock worth $2,200,000 after buying an additional 84 shares during the period. Allworth Financial LP boosted its holdings in Invesco BuyBack Achievers ETF by 3.6% in the 3rd quarter. Allworth Financial LP now owns 2,532 shares of the exchange traded fund’s stock worth $335,000 after buying an additional 88 shares during the period. Belpointe Asset Management LLC boosted its holdings in Invesco BuyBack Achievers ETF by 1.2% in the 4th quarter. Belpointe Asset Management LLC now owns 9,268 shares of the exchange traded fund’s stock worth $1,245,000 after buying an additional 109 shares during the period. Finally, Pacific Sun Financial Corp boosted its holdings in Invesco BuyBack Achievers ETF by 1.0% in the 4th quarter. Pacific Sun Financial Corp now owns 15,421 shares of the exchange traded fund’s stock worth $2,071,000 after buying an additional 155 shares during the period.

Invesco BuyBack Achievers ETF Trading Up 1.3%

PKW opened at $139.09 on Friday. The company has a 50 day moving average of $136.69 and a 200 day moving average of $135.75. The company has a market cap of $1.65 billion, a PE ratio of 15.13 and a beta of 0.93. Invesco BuyBack Achievers ETF has a 12 month low of $118.46 and a 12 month high of $141.39.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.2167 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.87 annualized dividend and a yield of 0.6%.

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.