Koshinski Asset Management Inc. Has $7.72 Million Stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Koshinski Asset Management Inc. boosted its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 11.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 67,055 shares of the exchange traded fund’s stock after purchasing an additional 7,121 shares during the period. Invesco BuyBack Achievers ETF accounts for 0.0% of Koshinski Asset Management Inc.’s investment portfolio, making the stock its 25th biggest holding. Koshinski Asset Management Inc. owned 0.63% of Invesco BuyBack Achievers ETF worth $7,720,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Pacific Wealth Strategies Group Inc. grew its holdings in shares of Invesco BuyBack Achievers ETF by 8.6% during the third quarter. Pacific Wealth Strategies Group Inc. now owns 114,159 shares of the exchange traded fund’s stock valued at $13,073,000 after buying an additional 9,046 shares in the last quarter. Legacy Capital Wealth Partners LLC boosted its position in Invesco BuyBack Achievers ETF by 27.4% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 100,315 shares of the exchange traded fund’s stock worth $10,957,000 after acquiring an additional 21,547 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Invesco BuyBack Achievers ETF by 1.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,598 shares of the exchange traded fund’s stock valued at $4,878,000 after acquiring an additional 499 shares in the last quarter. FMR LLC increased its holdings in shares of Invesco BuyBack Achievers ETF by 2.3% in the 3rd quarter. FMR LLC now owns 40,287 shares of the exchange traded fund’s stock valued at $4,614,000 after purchasing an additional 903 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco BuyBack Achievers ETF by 10.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,760 shares of the exchange traded fund’s stock valued at $4,027,000 after purchasing an additional 3,624 shares during the period.

Invesco BuyBack Achievers ETF Stock Performance

PKW stock opened at $118.99 on Tuesday. The firm has a 50 day simple moving average of $119.23 and a 200 day simple moving average of $113.91. Invesco BuyBack Achievers ETF has a 52 week low of $96.67 and a 52 week high of $125.31. The stock has a market cap of $1.26 billion, a P/E ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.2197 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.