Sovran Advisors LLC Lowers Stock Holdings in Invesco BuyBack Achievers ETF $PKW

Sovran Advisors LLC lowered its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 19.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 51,542 shares of the exchange traded fund’s stock after selling 12,227 shares during the period. Sovran Advisors LLC owned about 0.43% of Invesco BuyBack Achievers ETF worth $7,154,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PKW. Allworth Financial LP raised its holdings in Invesco BuyBack Achievers ETF by 3.6% during the third quarter. Allworth Financial LP now owns 2,532 shares of the exchange traded fund’s stock valued at $335,000 after acquiring an additional 88 shares during the period. Belpointe Asset Management LLC boosted its stake in shares of Invesco BuyBack Achievers ETF by 1.2% in the fourth quarter. Belpointe Asset Management LLC now owns 9,268 shares of the exchange traded fund’s stock worth $1,245,000 after acquiring an additional 109 shares during the period. Bank of Montreal Can grew its position in shares of Invesco BuyBack Achievers ETF by 1.3% during the fourth quarter. Bank of Montreal Can now owns 11,581 shares of the exchange traded fund’s stock worth $1,556,000 after purchasing an additional 145 shares in the last quarter. Pacific Sun Financial Corp grew its position in shares of Invesco BuyBack Achievers ETF by 1.0% during the fourth quarter. Pacific Sun Financial Corp now owns 15,421 shares of the exchange traded fund’s stock worth $2,071,000 after purchasing an additional 155 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in shares of Invesco BuyBack Achievers ETF by 4.7% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,206 shares of the exchange traded fund’s stock worth $565,000 after purchasing an additional 189 shares in the last quarter.

Invesco BuyBack Achievers ETF Stock Up 0.5%

NASDAQ PKW traded up $0.69 during trading hours on Friday, reaching $143.62. The company’s stock had a trading volume of 24,086 shares, compared to its average volume of 29,241. The firm’s 50-day moving average price is $138.59 and its 200-day moving average price is $136.84. Invesco BuyBack Achievers ETF has a 1 year low of $122.86 and a 1 year high of $144.82. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92.

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 given a dividend of $0.2575 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.03 annualized dividend and a dividend yield of 0.7%.

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.