2,855 Shares in Invesco BuyBack Achievers ETF (NASDAQ:PKW) Bought by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. purchased a new position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,855 shares of the exchange traded fund’s stock, valued at approximately $283,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ronald Blue Trust Inc. purchased a new position in Invesco BuyBack Achievers ETF during the 3rd quarter worth $27,000. Resurgent Financial Advisors LLC acquired a new position in Invesco BuyBack Achievers ETF during the fourth quarter worth $28,000. Barclays PLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 2nd quarter worth $30,000. CENTRAL TRUST Co purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth $51,000. Finally, Comerica Bank acquired a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter valued at approximately $64,000.

Invesco BuyBack Achievers ETF Price Performance

PKW traded down $0.49 during trading on Tuesday, reaching $102.39. 13,911 shares of the stock were exchanged, compared to its average volume of 23,104. Invesco BuyBack Achievers ETF has a 1 year low of $81.93 and a 1 year high of $108.33. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 9.87 and a beta of 1.09. The business’s 50 day moving average price is $103.86 and its two-hundred day moving average price is $97.23.

Invesco BuyBack Achievers ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.24 annualized dividend and a yield of 1.21%.

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.