Park Edge Advisors LLC Acquires 10,386 Shares of Invesco BuyBack Achievers ETF $PKW

Park Edge Advisors LLC lifted its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 171.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,444 shares of the exchange traded fund’s stock after purchasing an additional 10,386 shares during the period. Park Edge Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $2,032,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bangor Savings Bank bought a new stake in shares of Invesco BuyBack Achievers ETF during the 2nd quarter valued at about $95,000. Belpointe Asset Management LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter valued at about $1,067,000. Jane Street Group LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter valued at about $417,000. NewEdge Advisors LLC boosted its position in shares of Invesco BuyBack Achievers ETF by 172.7% during the 1st quarter. NewEdge Advisors LLC now owns 24,164 shares of the exchange traded fund’s stock valued at $2,722,000 after purchasing an additional 15,304 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Invesco BuyBack Achievers ETF by 9.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,148 shares of the exchange traded fund’s stock valued at $467,000 after purchasing an additional 342 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $131.97 on Friday. Invesco BuyBack Achievers ETF has a one year low of $96.10 and a one year high of $132.90. The stock’s 50-day moving average is $127.94 and its 200 day moving average is $119.05. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 15.13 and a beta of 1.09.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were given a dividend of $0.3716 per share. This represents a $1.49 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, June 23rd. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.23.

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.