Invesco BuyBack Achievers ETF (NASDAQ:PKW) Sees Large Volume Increase – Time to Buy?

Posted by Casey Walker on Apr 3rd, 2025

Invesco BuyBack Achievers ETF (NASDAQ:PKW – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 45,663 shares changed hands during mid-day trading, an increase of 140% from the previous session’s volume of 19,004 shares.The stock last traded at $113.33 and had previously closed at $112.67.

Invesco BuyBack Achievers ETF Trading Down 2.3 %

The company has a market cap of $1.17 billion, a P/E ratio of 14.74 and a beta of 1.09. The company’s fifty day moving average is $116.35 and its 200 day moving average is $117.10.

Invesco BuyBack Achievers ETF Increases Dividend

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

Institutional Trading of Invesco BuyBack Achievers ETF

Large investors have recently added to or reduced their stakes in the stock. Grove Bank & Trust bought a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $35,000. Venturi Wealth Management LLC bought a new position in Invesco BuyBack Achievers ETF in the 4th quarter valued at approximately $43,000. Crews Bank & Trust purchased a new stake in Invesco BuyBack Achievers ETF during the 4th quarter valued at $46,000. Millstone Evans Group LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter worth $48,000. Finally, Noble Wealth Management PBC purchased a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth $54,000.

Invesco BuyBack Achievers ETF Company Profile

(Get Free Report)

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.