Vise Technologies Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) during the third quarter, Holdings Channel.com reports. The firm purchased 4,040 shares of the exchange traded fund’s stock, valued at approximately $578,000.
Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco BuyBack Achievers ETF by 173.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 192,831 shares of the exchange traded fund’s stock worth $27,316,000 after acquiring an additional 122,311 shares during the last quarter. Cetera Investment Advisers raised its position in Invesco BuyBack Achievers ETF by 6.1% in the 1st quarter. Cetera Investment Advisers now owns 61,132 shares of the exchange traded fund’s stock worth $8,024,000 after purchasing an additional 3,522 shares during the period. Waverly Advisors LLC raised its position in Invesco BuyBack Achievers ETF by 1.3% in the 2nd quarter. Waverly Advisors LLC now owns 51,046 shares of the exchange traded fund’s stock worth $7,231,000 after purchasing an additional 633 shares during the period. Prime Capital Investment Advisors LLC raised its position in Invesco BuyBack Achievers ETF by 0.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 47,986 shares of the exchange traded fund’s stock worth $6,866,000 after purchasing an additional 298 shares during the period. Finally, Royal Bank of Canada lifted its stake in Invesco BuyBack Achievers ETF by 1.6% in the first quarter. Royal Bank of Canada now owns 50,419 shares of the exchange traded fund’s stock worth $6,617,000 after purchasing an additional 770 shares during the last quarter.
Invesco BuyBack Achievers ETF Stock Up 0.7%
Invesco BuyBack Achievers ETF stock opened at $151.29 on Thursday. The firm has a fifty day simple moving average of $148.76 and a two-hundred day simple moving average of $141.97. Invesco BuyBack Achievers ETF has a twelve month low of $125.47 and a twelve month high of $154.72. The company has a market capitalization of $1.75 billion, a PE ratio of 13.43 and a beta of 0.92.
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 $0.2183 dividend. This is a decrease from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575. This represents a $0.87 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, September 21st.
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.
Further Reading
- Five stocks we like better than Invesco BuyBack Achievers ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding PKW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report).
Receive News & Ratings for Invesco BuyBack Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BuyBack Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.
