JBR Co Financial Management Inc Sells 622 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

JBR Co Financial Management Inc cut its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,636 shares of the exchange traded fund’s stock after selling 622 shares during the period. JBR Co Financial Management Inc’s holdings in Invesco BuyBack Achievers ETF were worth $534,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Pacific Wealth Strategies Group Inc. grew its holdings in Invesco BuyBack Achievers ETF by 8.6% during 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 grew its holdings in Invesco BuyBack Achievers ETF by 33.0% during 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 grew its holdings in 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 acquiring an additional 21,547 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in 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 acquiring an additional 7,121 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Invesco BuyBack Achievers ETF by 1.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,598 shares of the exchange traded fund’s stock worth $4,878,000 after acquiring an additional 499 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $116.75 on Friday. Invesco BuyBack Achievers ETF has a 1 year low of $100.68 and a 1 year high of $125.31. The firm’s 50-day moving average is $117.76 and its two-hundred day moving average is $116.08. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Announces Dividend

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