Principal Securities Inc. Grows Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Principal Securities Inc. raised its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,292 shares of the exchange traded fund’s stock after buying an additional 189 shares during the quarter. Principal Securities Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $494,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Grove Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at about $35,000. Crews Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at about $46,000. Private Wealth Management Group LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at about $75,000. Valley Wealth Managers Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF in the third quarter valued at about $90,000. Finally, Dunhill Financial LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the third quarter valued at about $115,000.

Invesco BuyBack Achievers ETF Trading Down 2.0 %

Shares of PKW opened at $116.75 on Friday. Invesco BuyBack Achievers ETF has a 12-month low of $100.68 and a 12-month high of $125.31. The firm has a 50-day moving average price of $117.76 and a 200 day moving average price of $116.00. The firm has a market capitalization of $1.24 billion, a P/E ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.2197 dividend. The ex-dividend date was Monday, December 23rd.

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.