Invesco BuyBack Achievers ETF $PKW Shares Purchased by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC boosted its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 337.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 61,388 shares of the exchange traded fund’s stock after acquiring an additional 47,355 shares during the quarter. Invesco BuyBack Achievers ETF comprises 3.2% of Elevation Capital Advisory LLC’s holdings, making the stock its 11th biggest position. Elevation Capital Advisory LLC’s holdings in Invesco BuyBack Achievers ETF were worth $8,133,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the company. Costello Asset Management INC grew its position in shares of Invesco BuyBack Achievers ETF by 77.0% during the second quarter. Costello Asset Management INC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Assetmark Inc. increased its position in Invesco BuyBack Achievers ETF by 72.4% in the 2nd quarter. Assetmark Inc. now owns 488 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 205 shares during the period. CX Institutional purchased a new stake in Invesco BuyBack Achievers ETF during the 3rd quarter valued at approximately $71,000. Ameritas Advisory Services LLC purchased a new stake in Invesco BuyBack Achievers ETF during the 2nd quarter valued at approximately $115,000. Finally, Nova Wealth Management Inc. lifted its position in Invesco BuyBack Achievers ETF by 2,519.4% during the 3rd quarter. Nova Wealth Management Inc. now owns 943 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 907 shares during the period.

Invesco BuyBack Achievers ETF Trading Up 0.4%

NASDAQ:PKW opened at $137.31 on Friday. Invesco BuyBack Achievers ETF has a 12-month low of $96.10 and a 12-month high of $138.50. The stock’s 50 day simple moving average is $134.23 and its 200-day simple moving average is $131.16. The firm has a market cap of $1.59 billion, a P/E ratio of 15.13 and a beta of 1.05.

Invesco BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.2739 dividend. This represents a $1.10 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd.

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.