Invesco BuyBack Achievers ETF $PKW Shares Sold by Hudock Inc.

Hudock Inc. reduced its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 72.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,344 shares of the exchange traded fund’s stock after selling 29,566 shares during the period. Hudock Inc. owned approximately 0.10% of Invesco BuyBack Achievers ETF worth $1,623,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Trust Services Inc. acquired a new position in shares of Invesco BuyBack Achievers ETF during the third quarter worth approximately $37,000. Axiom Investment Management LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the first quarter worth $52,000. Marquette Asset Management LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the third quarter worth $72,000. Cardiff Park Advisors LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the first quarter worth $79,000. Finally, Main Street Group LTD bought a new position in Invesco BuyBack Achievers ETF during the first quarter worth $79,000.

Invesco BuyBack Achievers ETF Trading Down 0.3%

Shares of PKW stock opened at $147.71 on Thursday. The firm has a market capitalization of $1.71 billion, a P/E ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a 1 year low of $125.47 and a 1 year high of $154.72. The firm’s fifty day simple moving average is $149.18 and its 200 day simple moving average is $142.71.

Invesco BuyBack Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a dividend of $0.2183 per share. This represents a $0.87 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575.

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.