Invesco BuyBack Achievers ETF (NASDAQ:PKW) Stock Short Interest Report for October

Invesco BuyBack Achievers ETF (NASDAQ:PKW) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,213 shares, a decrease of 90.0% from the September 30th total of 12,177 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 24,212 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BuyBack Achievers ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Quantinno Capital Management LP increased its holdings in shares of Invesco BuyBack Achievers ETF by 1.9% in the 1st quarter. Quantinno Capital Management LP now owns 6,698 shares of the exchange traded fund’s stock worth $879,000 after buying an additional 123 shares during the last quarter. Wealth Enhancement Trust Services Inc. bought a new position in shares of Invesco BuyBack Achievers ETF in the 3rd quarter valued at about $37,000. International Assets Investment Management LLC lifted its holdings in shares of Invesco BuyBack Achievers ETF by 44.8% in the 1st quarter. International Assets Investment Management LLC now owns 940 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 291 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of Invesco BuyBack Achievers ETF by 0.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 47,986 shares of the exchange traded fund’s stock valued at $6,866,000 after acquiring an additional 298 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC grew its position in Invesco BuyBack Achievers ETF by 3.7% in the third quarter. NorthCrest Asset Manangement LLC now owns 10,510 shares of the exchange traded fund’s stock worth $1,545,000 after acquiring an additional 377 shares in the last quarter.

Invesco BuyBack Achievers ETF Trading Up 0.3%

Shares of PKW stock traded up $0.41 on Wednesday, reaching $149.47. The company’s stock had a trading volume of 23,146 shares, compared to its average volume of 29,643. The stock’s fifty day simple moving average is $148.97 and its 200-day simple moving average is $141.30. Invesco BuyBack Achievers ETF has a 1 year low of $125.47 and a 1 year high of $154.72. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.2183 per share. This represents a $0.87 annualized dividend and a yield of 0.6%. This is a decrease from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575. The ex-dividend date was Monday, September 21st.

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.