Invesco BuyBack Achievers ETF $PKW Stock Position Lowered by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC lessened its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 9.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 58,755 shares of the exchange traded fund’s stock after selling 5,797 shares during the period. Invesco BuyBack Achievers ETF comprises approximately 1.6% of Legacy Capital Wealth Partners LLC’s investment portfolio, making the stock its 9th biggest holding. Legacy Capital Wealth Partners LLC’s holdings in Invesco BuyBack Achievers ETF were worth $7,892,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of PKW. Elevation Capital Advisory LLC grew its stake in Invesco BuyBack Achievers ETF by 337.5% in the third quarter. Elevation Capital Advisory LLC now owns 61,388 shares of the exchange traded fund’s stock worth $8,133,000 after purchasing an additional 47,355 shares in the last quarter. Bank of America Corp DE raised its position in Invesco BuyBack Achievers ETF by 5.6% during the 3rd quarter. Bank of America Corp DE now owns 824,794 shares of the exchange traded fund’s stock valued at $109,269,000 after purchasing an additional 43,912 shares in the last quarter. Win Advisors Inc. purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 3rd quarter worth $4,572,000. Two Sigma Investments LP purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 3rd quarter worth $4,372,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 2nd quarter worth $3,721,000.

Invesco BuyBack Achievers ETF Trading Up 0.6%

PKW opened at $132.07 on Thursday. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05. Invesco BuyBack Achievers ETF has a 12-month low of $96.10 and a 12-month high of $140.10. The business’s fifty day simple moving average is $135.28 and its 200-day simple moving average is $133.68.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.2167 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.87 dividend on an annualized basis and a yield of 0.7%.

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.