Breakwater Capital Group Acquires 721 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Breakwater Capital Group increased its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 5.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,082 shares of the exchange traded fund’s stock after purchasing an additional 721 shares during the period. Breakwater Capital Group owned approximately 0.13% of Invesco BuyBack Achievers ETF worth $1,524,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Montag A & Associates Inc. lifted its stake in Invesco BuyBack Achievers ETF by 2.2% in the 4th quarter. Montag A & Associates Inc. now owns 5,391 shares of the exchange traded fund’s stock valued at $534,000 after acquiring an additional 115 shares in the last quarter. CENTRAL TRUST Co bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter valued at approximately $51,000. Archer Investment Corp increased its position in shares of Invesco BuyBack Achievers ETF by 28.2% during the 4th quarter. Archer Investment Corp now owns 2,635 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 579 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of Invesco BuyBack Achievers ETF by 26.6% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 3,227 shares of the exchange traded fund’s stock worth $349,000 after purchasing an additional 678 shares during the last quarter. Finally, DB Wealth Management Group LLC increased its position in shares of Invesco BuyBack Achievers ETF by 17.1% during the 4th quarter. DB Wealth Management Group LLC now owns 5,666 shares of the exchange traded fund’s stock worth $561,000 after purchasing an additional 829 shares during the last quarter.

Invesco BuyBack Achievers ETF Trading Up 0.1 %

Shares of NASDAQ:PKW traded up $0.07 during trading on Friday, hitting $103.90. 12,744 shares of the company were exchanged, compared to its average volume of 19,607. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a fifty-two week low of $84.19 and a fifty-two week high of $108.33. The firm has a fifty day moving average price of $103.84 and a two-hundred day moving average price of $102.49.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a $0.2245 dividend. This represents a $0.90 annualized dividend and a yield of 0.86%. The ex-dividend date was Monday, June 24th.

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.