Janney Montgomery Scott LLC Cuts Stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Posted by Defense World Staff on Oct 30th, 2023

Janney Montgomery Scott LLC trimmed its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,843 shares of the exchange traded fund’s stock after selling 405 shares during the quarter. Janney Montgomery Scott LLC owned about 0.05% of Invesco BuyBack Achievers ETF worth $523,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Resurgent Financial Advisors LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter valued at about $28,000. Creative Capital Management Investments LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 2nd quarter valued at about $34,000. Ameritas Advisory Services LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter valued at about $47,000. GPS Wealth Strategies Group LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter valued at about $50,000. Finally, True Wealth Design LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter valued at about $102,000.

Invesco BuyBack Achievers ETF Stock Down 0.8 %

Shares of NASDAQ:PKW opened at $84.45 on Monday. The firm’s 50 day moving average price is $90.33 and its 200-day moving average price is $88.70. Invesco BuyBack Achievers ETF has a twelve month low of $80.03 and a twelve month high of $94.70. The stock has a market capitalization of $1.64 billion, a PE ratio of 9.87 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Tuesday, September 19th were paid a $0.2225 dividend. This represents a $0.89 annualized dividend and a dividend yield of 1.05%. The ex-dividend date was Monday, September 18th.

About Invesco BuyBack Achievers ETF

(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.