Legacy Capital Wealth Partners LLC Reduces Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Legacy Capital Wealth Partners LLC lowered its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 19.7% during the fourth quarter, HoldingsChannel reports. The firm owned 80,538 shares of the exchange traded fund’s stock after selling 19,777 shares during the quarter. Invesco BuyBack Achievers ETF makes up 1.9% of Legacy Capital Wealth Partners LLC’s investment portfolio, making the stock its 6th largest position. Legacy Capital Wealth Partners LLC’s holdings in Invesco BuyBack Achievers ETF were worth $8,677,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in PKW. Roman Butler Fullerton & Co. acquired a new position in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $1,106,000. Sovran Advisors LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $2,748,000. Private Wealth Management Group LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $75,000. Stratos Wealth Partners LTD. increased its holdings in shares of Invesco BuyBack Achievers ETF by 6.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 6,639 shares of the exchange traded fund’s stock worth $764,000 after acquiring an additional 401 shares during the last quarter. Finally, Avantra Family Wealth Inc. acquired a new position in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $359,000.

Invesco BuyBack Achievers ETF Trading Up 0.1 %

PKW stock opened at $118.68 on Friday. The firm has a market capitalization of $1.26 billion, a PE ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 1-year low of $100.11 and a 1-year high of $125.31. The business’s 50 day simple moving average is $117.92 and its 200 day simple moving average is $115.65.

Invesco BuyBack Achievers ETF Announces Dividend

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

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.