LPL Financial LLC Has $43.71 Million Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

LPL Financial LLC grew its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 379,624 shares of the exchange traded fund’s stock after buying an additional 8,276 shares during the period. LPL Financial LLC owned approximately 3.58% of Invesco BuyBack Achievers ETF worth $43,706,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Kovitz Investment Group Partners LLC lifted its stake in Invesco BuyBack Achievers ETF by 1.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 14,209 shares of the exchange traded fund’s stock valued at $1,596,000 after buying an additional 136 shares in the last quarter. Principal Securities Inc. lifted its position in Invesco BuyBack Achievers ETF by 4.6% in the 4th quarter. Principal Securities Inc. now owns 4,292 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 189 shares in the last quarter. Ergawealth Advisors Inc. boosted its stake in Invesco BuyBack Achievers ETF by 6.8% in the 4th quarter. Ergawealth Advisors Inc. now owns 3,576 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 228 shares during the period. Grove Bank & Trust bought a new position in Invesco BuyBack Achievers ETF during the 4th quarter worth about $35,000. Finally, Venturi Wealth Management LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at about $43,000.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $111.97 on Friday. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 14.74 and a beta of 1.09. Invesco BuyBack Achievers ETF has a one year low of $101.26 and a one year high of $125.31. The stock’s 50-day moving average is $116.71 and its 200-day moving average is $116.95.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.3078 per share. This is a boost from Invesco BuyBack Achievers ETF’s previous dividend of $0.22. The ex-dividend date was Monday, March 24th.

Invesco BuyBack Achievers ETF 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.