Bank of America Corp DE Sells 23,966 Shares of Invesco BuyBack Achievers ETF $PKW

Bank of America Corp DE trimmed its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.8% during the first quarter, Holdings Channel reports. The institutional investor owned 841,993 shares of the exchange traded fund’s stock after selling 23,966 shares during the quarter. Bank of America Corp DE owned approximately 0.07% of Invesco BuyBack Achievers ETF worth $110,511,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its holdings in Invesco BuyBack Achievers ETF by 9.0% during the first quarter. Integrated Wealth Concepts LLC now owns 4,148 shares of the exchange traded fund’s stock worth $467,000 after acquiring an additional 342 shares during the period. Jane Street Group LLC purchased a new position in shares of Invesco BuyBack Achievers ETF during the first quarter worth about $417,000. JPMorgan Chase & Co. increased its position in shares of Invesco BuyBack Achievers ETF by 1.2% in the second quarter. JPMorgan Chase & Co. now owns 32,289 shares of the exchange traded fund’s stock worth $3,991,000 after purchasing an additional 391 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco BuyBack Achievers ETF by 16.4% in the second quarter. NewEdge Advisors LLC now owns 28,115 shares of the exchange traded fund’s stock worth $3,475,000 after purchasing an additional 3,951 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in Invesco BuyBack Achievers ETF in the second quarter valued at approximately $3,721,000.

Invesco BuyBack Achievers ETF Price Performance

NASDAQ:PKW opened at $149.40 on Friday. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92. The business has a 50 day moving average of $142.46 and a 200 day moving average of $138.15. Invesco BuyBack Achievers ETF has a 1-year low of $125.13 and a 1-year high of $150.75.

Invesco BuyBack Achievers ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.2575 per share. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd.

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.