Abound Financial LLC Purchases New Shares in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Abound Financial LLC acquired a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,980 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Several other hedge funds have also recently bought and sold shares of the business. Pacific Wealth Strategies Group Inc. lifted its stake in Invesco BuyBack Achievers ETF by 8.6% in the 3rd quarter. Pacific Wealth Strategies Group Inc. now owns 114,159 shares of the exchange traded fund’s stock worth $13,073,000 after acquiring an additional 9,046 shares in the last quarter. Truist Financial Corp lifted its stake in Invesco BuyBack Achievers ETF by 33.0% in the 4th quarter. Truist Financial Corp now owns 102,398 shares of the exchange traded fund’s stock worth $11,789,000 after acquiring an additional 25,389 shares in the last quarter. Legacy Capital Wealth Partners LLC raised its stake in shares of Invesco BuyBack Achievers ETF by 27.4% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 100,315 shares of the exchange traded fund’s stock worth $10,957,000 after purchasing an additional 21,547 shares in the last quarter. Curtis Advisory Group LLC raised its stake in shares of Invesco BuyBack Achievers ETF by 10.8% during the 4th 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. Finally, Koshinski Asset Management Inc. raised its stake in shares of Invesco BuyBack Achievers ETF by 11.9% during the 4th quarter. Koshinski Asset Management Inc. now owns 67,055 shares of the exchange traded fund’s stock worth $7,720,000 after purchasing an additional 7,121 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

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

Invesco BuyBack Achievers ETF Dividend Announcement

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

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.