Koshinski Asset Management Inc. Has $10.44 Million Stock Position in Invesco BuyBack Achievers ETF $PKW

Koshinski Asset Management Inc. raised its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKWFree Report) by 13.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,528 shares of the exchange traded fund’s stock after acquiring an additional 9,344 shares during the period. Invesco BuyBack Achievers ETF comprises about 0.7% of Koshinski Asset Management Inc.’s investment portfolio, making the stock its 27th largest position. Koshinski Asset Management Inc. owned 0.67% of Invesco BuyBack Achievers ETF worth $10,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of PKW. Stegent Equity Advisors Inc. acquired a new stake in Invesco BuyBack Achievers ETF during the 4th quarter valued at $1,886,000. Curtis Advisory Group LLC raised its holdings in Invesco BuyBack Achievers ETF by 4.8% during the 4th quarter. Curtis Advisory Group LLC now owns 81,820 shares of the exchange traded fund’s stock worth $10,990,000 after purchasing an additional 3,760 shares during the last quarter. Kendall Capital Management lifted its holdings in Invesco BuyBack Achievers ETF by 121.6% in the fourth quarter. Kendall Capital Management now owns 8,082 shares of the exchange traded fund’s stock valued at $1,086,000 after buying an additional 4,435 shares during the period. SteelPeak Wealth LLC acquired a new position in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at $551,000. Finally, Dana Investment Advisors Inc. acquired a new position in Invesco BuyBack Achievers ETF in the fourth quarter valued at about $726,000.

Invesco BuyBack Achievers ETF Price Performance

Invesco BuyBack Achievers ETF stock opened at $143.04 on Friday. The company’s 50 day simple moving average is $138.03 and its 200 day simple moving average is $136.57. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a fifty-two week low of $122.86 and a fifty-two week high of $143.76.

Invesco BuyBack Achievers ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.2575 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.03 annualized dividend and a yield of 0.7%.

Invesco BuyBack Achievers ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco BuyBack Achievers ETF (NASDAQ:PKW)

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