Stifel Financial Corp Trims Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Stifel Financial Corp lowered its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 18,502 shares of the exchange traded fund’s stock after selling 479 shares during the period. Stifel Financial Corp’s holdings in Invesco BuyBack Achievers ETF were worth $2,119,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC purchased a new stake in Invesco BuyBack Achievers ETF during the second quarter worth about $31,000. Mendota Financial Group LLC purchased a new stake in Invesco BuyBack Achievers ETF during the 3rd quarter worth approximately $59,000. Valley Wealth Managers Inc. acquired a new stake in Invesco BuyBack Achievers ETF during the 3rd quarter worth approximately $90,000. Lion Street Advisors LLC purchased a new position in Invesco BuyBack Achievers ETF in the 3rd quarter valued at approximately $202,000. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Invesco BuyBack Achievers ETF in the third quarter worth $203,000.

Invesco BuyBack Achievers ETF Trading Down 0.0 %

Shares of NASDAQ PKW opened at $114.62 on Friday. The stock has a market cap of $1.21 billion, a P/E ratio of 12.93 and a beta of 1.09. The business’s fifty day simple moving average is $119.44 and its 200-day simple moving average is $111.86. Invesco BuyBack Achievers ETF has a 12-month low of $96.67 and a 12-month high of $125.31.

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.