IFG Advisory LLC Has $1.32 Million Stock Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

IFG Advisory LLC cut its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,663 shares of the exchange traded fund’s stock after selling 507 shares during the quarter. IFG Advisory LLC owned approximately 0.12% of Invesco BuyBack Achievers ETF worth $1,316,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. acquired a new stake in shares of Invesco BuyBack Achievers ETF in the first quarter valued at about $29,000. Russell Investments Group Ltd. bought a new position in shares of Invesco BuyBack Achievers ETF during the 1st quarter worth about $32,000. Advisory Services Network LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at about $169,000. Coppell Advisory Solutions Corp. acquired a new stake in Invesco BuyBack Achievers ETF during the first quarter worth about $203,000. Finally, Lodestar Private Asset Management LLC acquired a new position in Invesco BuyBack Achievers ETF in the 1st quarter valued at approximately $207,000.

Invesco BuyBack Achievers ETF Stock Up 0.6 %

Invesco BuyBack Achievers ETF stock traded up $0.71 on Friday, hitting $111.98. The company’s stock had a trading volume of 11,737 shares, compared to its average volume of 18,192. The company has a fifty day moving average price of $106.53 and a 200-day moving average price of $104.83. The firm has a market cap of $1.18 billion, a P/E ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a one year low of $84.19 and a one year high of $112.14.

Invesco BuyBack Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.2245 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date was Monday, June 24th.

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.