Pacific Wealth Strategies Group Inc. Raises Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Pacific Wealth Strategies Group Inc. raised its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,781 shares of the exchange traded fund’s stock after purchasing an additional 3,754 shares during the quarter. Invesco BuyBack Achievers ETF accounts for about 9.6% of Pacific Wealth Strategies Group Inc.’s holdings, making the stock its 2nd biggest holding. Pacific Wealth Strategies Group Inc. owned about 0.95% of Invesco BuyBack Achievers ETF worth $10,078,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ronald Blue Trust Inc. acquired a new position in shares of Invesco BuyBack Achievers ETF during the third quarter valued at about $27,000. Barclays PLC bought a new position in Invesco BuyBack Achievers ETF in the second quarter worth approximately $30,000. CENTRAL TRUST Co acquired a new stake in Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $51,000. Cornerstone Planning Group LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the third quarter valued at approximately $79,000. Finally, Fortitude Family Office LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter worth approximately $88,000.

Invesco BuyBack Achievers ETF Price Performance

Shares of NASDAQ PKW traded down $0.16 during midday trading on Wednesday, reaching $103.89. The company’s stock had a trading volume of 3,887 shares, compared to its average volume of 22,664. The stock has a market capitalization of $1.10 billion, a P/E ratio of 12.74 and a beta of 1.09. The firm has a 50 day moving average price of $104.10 and a 200-day moving average price of $97.82. Invesco BuyBack Achievers ETF has a 12-month low of $81.93 and a 12-month high of $108.33.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.3103 dividend. This represents a $1.24 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Monday, March 18th.

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.