Northwestern Mutual Wealth Management Co. Has $5.41 Million Stock Position in Invesco BuyBack Achievers ETF $PKW

Northwestern Mutual Wealth Management Co. lowered its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKWFree Report) by 38.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,287 shares of the exchange traded fund’s stock after selling 24,687 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco BuyBack Achievers ETF were worth $5,411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its position in shares of Invesco BuyBack Achievers ETF by 5.6% in the third quarter. Bank of America Corp DE now owns 824,794 shares of the exchange traded fund’s stock valued at $109,269,000 after acquiring an additional 43,912 shares during the last quarter. UBS Group AG increased its position in shares of Invesco BuyBack Achievers ETF by 11.4% in the third quarter. UBS Group AG now owns 137,398 shares of the exchange traded fund’s stock valued at $18,202,000 after acquiring an additional 14,043 shares during the last quarter. Curtis Advisory Group LLC increased its position in Invesco BuyBack Achievers ETF by 4.8% during the fourth quarter. Curtis Advisory Group LLC now owns 81,820 shares of the exchange traded fund’s stock worth $10,990,000 after buying an additional 3,760 shares during the last quarter. Triton Wealth Management PLLC increased its position in Invesco BuyBack Achievers ETF by 565.5% during the fourth quarter. Triton Wealth Management PLLC now owns 70,934 shares of the exchange traded fund’s stock worth $9,585,000 after buying an additional 60,275 shares during the last quarter. Finally, Koshinski Asset Management Inc. increased its position in Invesco BuyBack Achievers ETF by 2.3% during the fourth quarter. Koshinski Asset Management Inc. now owns 70,184 shares of the exchange traded fund’s stock worth $9,427,000 after buying an additional 1,589 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Up 0.5%

Shares of NASDAQ PKW opened at $136.37 on Friday. The business’s 50 day moving average price is $134.79 and its two-hundred day moving average price is $134.83. The company has a market cap of $1.62 billion, a PE ratio of 15.13 and a beta of 0.95. Invesco BuyBack Achievers ETF has a twelve month low of $115.56 and a twelve month high of $141.39.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.2167 per share. This represents a $0.87 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco BuyBack Achievers ETF 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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