Wealth Enhancement Advisory Services LLC Lowers Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Wealth Enhancement Advisory Services LLC reduced its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 9.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,349 shares of the exchange traded fund’s stock after selling 4,197 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invesco BuyBack Achievers ETF were worth $4,433,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of PKW. Venturi Wealth Management LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $43,000. Millstone Evans Group LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $48,000. Noble Wealth Management PBC bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $54,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $92,000. Finally, Blair William & Co. IL lifted its position in Invesco BuyBack Achievers ETF by 32.9% during the fourth quarter. Blair William & Co. IL now owns 877 shares of the exchange traded fund’s stock valued at $101,000 after purchasing an additional 217 shares during the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $120.84 on Thursday. Invesco BuyBack Achievers ETF has a 1 year low of $96.10 and a 1 year high of $125.31. The firm has a market cap of $1.27 billion, a PE ratio of 15.62 and a beta of 1.09. The company has a 50 day simple moving average of $115.87 and a two-hundred day simple moving average of $115.28.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, June 23rd will be given a dividend of $0.3716 per share. The ex-dividend date of this dividend is Monday, June 23rd. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.23. This represents a $1.49 annualized dividend and a yield of 1.23%.

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.