NorthCrest Asset Manangement LLC Makes New Investment in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Posted by Defense World Staff on Jul 10th, 2023

NorthCrest Asset Manangement LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 44,404 shares of the exchange traded fund’s stock, valued at approximately $3,777,000. NorthCrest Asset Manangement LLC owned 0.39% of Invesco BuyBack Achievers ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PKW. Resurgent Financial Advisors LLC bought a new stake in Invesco BuyBack Achievers ETF in the fourth quarter valued at $28,000. GPS Wealth Strategies Group LLC acquired a new position in Invesco BuyBack Achievers ETF in the first quarter valued at about $50,000. My Personal CFO LLC acquired a new position in Invesco BuyBack Achievers ETF in the fourth quarter valued at about $71,000. True Wealth Design LLC acquired a new position in Invesco BuyBack Achievers ETF in the fourth quarter valued at about $102,000. Finally, Sturgeon Ventures LLP bought a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter worth about $125,000.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $88.69 on Monday. Invesco BuyBack Achievers ETF has a 1 year low of $73.80 and a 1 year high of $92.76. The business has a 50-day moving average of $85.81 and a two-hundred day moving average of $84.77. The company has a market capitalization of $962.29 million, a P/E ratio of 9.87 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 23rd. Investors of record on Wednesday, June 21st were issued a dividend of $0.262 per share. The ex-dividend date was Tuesday, June 20th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.18%.

Invesco BuyBack Achievers ETF Company Profile

(Free Report)

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.