Tsfg LLC Sells 250 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Tsfg LLC cut its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,501 shares of the exchange traded fund’s stock after selling 250 shares during the period. Tsfg LLC owned approximately 0.10% of Invesco BuyBack Achievers ETF worth $1,203,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Hazlett Burt & Watson Inc. bought a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter worth about $29,000. Larson Financial Group LLC acquired a new position in Invesco BuyBack Achievers ETF during the second quarter valued at approximately $31,000. Russell Investments Group Ltd. acquired a new position in Invesco BuyBack Achievers ETF during the first quarter valued at approximately $32,000. Mendota Financial Group LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the third quarter valued at approximately $59,000. Finally, Lion Street Advisors LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the third quarter worth $202,000.

Invesco BuyBack Achievers ETF Trading Down 0.3 %

NASDAQ PKW opened at $116.47 on Wednesday. The company has a market cap of $1.22 billion, a P/E ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 1 year low of $84.19 and a 1 year high of $117.39. The company has a fifty day simple moving average of $111.11 and a 200 day simple moving average of $106.87.

Invesco BuyBack Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.79%. This is a boost from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, September 23rd.

About Invesco BuyBack Achievers ETF

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.