Noble Wealth Management PBC acquired a new stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 465 shares of the exchange traded fund’s stock, valued at approximately $54,000.
A number of other institutional investors have also recently made changes to their positions in PKW. Grove Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter worth about $35,000. Venturi Wealth Management LLC purchased a new stake in Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $43,000. Crews Bank & Trust bought a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $46,000. Private Wealth Management Group LLC purchased a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $75,000. Finally, Valley Wealth Managers Inc. bought a new position in shares of Invesco BuyBack Achievers ETF during the third quarter valued at approximately $90,000.
Invesco BuyBack Achievers ETF Stock Up 1.3 %
Shares of PKW stock opened at $117.67 on Friday. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 17.93 and a beta of 1.08. The stock has a fifty day moving average of $117.79 and a 200 day moving average of $116.42. Invesco BuyBack Achievers ETF has a 52 week low of $101.26 and a 52 week high of $125.31.
Invesco BuyBack Achievers ETF Announces Dividend
Invesco BuyBack Achievers ETF Company 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.
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