Abound Financial LLC Invests $228,000 in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Abound Financial LLC purchased a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,980 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Curtis Advisory Group LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 10.8% in the fourth quarter. Curtis Advisory Group LLC now owns 79,902 shares of the exchange traded fund’s stock worth $9,199,000 after purchasing an additional 7,803 shares in the last quarter. WealthBridge Capital Management LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 34.1% in the fourth quarter. WealthBridge Capital Management LLC now owns 9,846 shares of the exchange traded fund’s stock worth $1,134,000 after purchasing an additional 2,503 shares in the last quarter. Venturi Wealth Management LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth $43,000. Truist Financial Corp grew its stake in shares of Invesco BuyBack Achievers ETF by 33.0% in the fourth quarter. Truist Financial Corp now owns 102,398 shares of the exchange traded fund’s stock worth $11,789,000 after purchasing an additional 25,389 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth $217,000.

Invesco BuyBack Achievers ETF Stock Down 2.0 %

Shares of PKW stock opened at $116.75 on Friday. The stock has a 50-day simple moving average of $117.76 and a 200 day simple moving average of $116.08. Invesco BuyBack Achievers ETF has a fifty-two week low of $100.68 and a fifty-two week high of $125.31. The stock has a market capitalization of $1.24 billion, a P/E ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.2197 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco BuyBack Achievers ETF

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.