Cetera Investment Advisers Purchases 3,522 Shares of Invesco BuyBack Achievers ETF $PKW

Cetera Investment Advisers raised its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 6.1% in the first quarter, HoldingsChannel.com reports. The fund owned 61,132 shares of the exchange traded fund’s stock after purchasing an additional 3,522 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco BuyBack Achievers ETF were worth $8,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pacific Sun Financial Corp increased its stake in shares of Invesco BuyBack Achievers ETF by 2.5% during the 1st quarter. Pacific Sun Financial Corp now owns 15,801 shares of the exchange traded fund’s stock worth $2,074,000 after purchasing an additional 380 shares during the last quarter. Main Street Group LTD bought a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at about $79,000. Independent Financial Group LLC acquired a new stake in Invesco BuyBack Achievers ETF in the 1st quarter valued at about $434,000. Navigation Group LLC acquired a new stake in Invesco BuyBack Achievers ETF in the 1st quarter valued at about $617,000. Finally, truNorth Financial Services Inc. grew its holdings in Invesco BuyBack Achievers ETF by 26.1% during the first quarter. truNorth Financial Services Inc. now owns 9,626 shares of the exchange traded fund’s stock worth $1,263,000 after purchasing an additional 1,990 shares during the period.

Invesco BuyBack Achievers ETF Stock Performance

Invesco BuyBack Achievers ETF stock opened at $146.96 on Friday. The stock has a 50-day simple moving average of $141.22 and a 200 day simple moving average of $137.75. The stock has a market capitalization of $1.72 billion, a P/E ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a 52 week low of $122.96 and a 52 week high of $148.46.

Invesco BuyBack Achievers ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.2575 dividend. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd.

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.