Legacy Capital Wealth Partners LLC Has $10.96 Million Stock Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Legacy Capital Wealth Partners LLC raised its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 27.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,315 shares of the exchange traded fund’s stock after acquiring an additional 21,547 shares during the quarter. Invesco BuyBack Achievers ETF comprises 1.8% of Legacy Capital Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest holding. Legacy Capital Wealth Partners LLC’s holdings in Invesco BuyBack Achievers ETF were worth $10,957,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in shares of Invesco BuyBack Achievers ETF during the first quarter valued at about $32,000. Larson Financial Group LLC bought a new position in Invesco BuyBack Achievers ETF in the second quarter worth approximately $31,000. Mendota Financial Group LLC acquired a new stake in Invesco BuyBack Achievers ETF in the third quarter valued at approximately $59,000. Lion Street Advisors LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the third quarter worth approximately $202,000. Finally, Dynamic Advisor Solutions LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the 3rd quarter worth $203,000.

Invesco BuyBack Achievers ETF Trading Up 0.7 %

NASDAQ PKW opened at $121.20 on Friday. The company has a market cap of $1.28 billion, a P/E ratio of 12.93 and a beta of 1.09. The company has a fifty day simple moving average of $113.98 and a 200 day simple moving average of $108.32. Invesco BuyBack Achievers ETF has a 12-month low of $87.54 and a 12-month high of $121.32.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.23 per share. This is a boost from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Monday, September 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.