Tidemark LLC Acquires Shares of 1,939 Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Tidemark LLC bought a new stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) during the fourth quarter, HoldingsChannel.com reports. The firm bought 1,939 shares of the exchange traded fund’s stock, valued at approximately $192,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in Invesco BuyBack Achievers ETF by 7,426.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,907,550 shares of the exchange traded fund’s stock valued at $441,532,000 after buying an additional 4,842,343 shares in the last quarter. LPL Financial LLC grew its position in Invesco BuyBack Achievers ETF by 51.4% during the 3rd quarter. LPL Financial LLC now owns 503,141 shares of the exchange traded fund’s stock worth $45,268,000 after acquiring an additional 170,737 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Invesco BuyBack Achievers ETF during the 3rd quarter worth $10,449,000. Atria Wealth Solutions Inc. acquired a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth about $6,205,000. Finally, B. Riley Wealth Advisors Inc. raised its position in Invesco BuyBack Achievers ETF by 1,150.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 71,926 shares of the exchange traded fund’s stock valued at $6,471,000 after purchasing an additional 66,176 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

Shares of NASDAQ:PKW traded down $0.52 during midday trading on Thursday, hitting $103.95. 7,781 shares of the stock were exchanged, compared to its average volume of 21,161. The business’s 50-day moving average price is $104.83 and its 200 day moving average price is $100.13. Invesco BuyBack Achievers ETF has a 12 month low of $81.93 and a 12 month high of $108.33. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Announces Dividend

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