Integrated Wealth Concepts LLC Sells 93 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Integrated Wealth Concepts LLC cut its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,227 shares of the exchange traded fund’s stock after selling 93 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco BuyBack Achievers ETF were worth $370,000 as of its most recent SEC filing.

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

Invesco BuyBack Achievers ETF Trading Up 0.3 %

Shares of NASDAQ PKW opened at $120.82 on Thursday. Invesco BuyBack Achievers ETF has a 12-month low of $94.31 and a 12-month high of $125.31. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09. The firm has a 50 day moving average of $119.09 and a 200 day moving average of $111.32.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.76%. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, September 23rd.

Invesco BuyBack Achievers ETF Company 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.