Bank of America Corp DE Buys 104,645 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Bank of America Corp DE grew its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 17.5% during the 4th quarter, HoldingsChannel reports. The firm owned 702,068 shares of the exchange traded fund’s stock after acquiring an additional 104,645 shares during the quarter. Bank of America Corp DE owned approximately 0.07% of Invesco BuyBack Achievers ETF worth $80,829,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Comerica Bank grew its stake in shares of Invesco BuyBack Achievers ETF by 81.4% in the 4th quarter. Comerica Bank now owns 1,335 shares of the exchange traded fund’s stock valued at $154,000 after purchasing an additional 599 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 17.9% in the 4th quarter. Integrated Wealth Concepts LLC now owns 3,806 shares of the exchange traded fund’s stock worth $438,000 after acquiring an additional 579 shares in the last quarter. Coppell Advisory Solutions LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 51.2% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,400 shares of the exchange traded fund’s stock worth $161,000 after acquiring an additional 474 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 4.9% in the 4th quarter. MML Investors Services LLC now owns 10,646 shares of the exchange traded fund’s stock worth $1,226,000 after acquiring an additional 496 shares in the last quarter. Finally, GeoWealth Management LLC boosted its holdings in shares of Invesco BuyBack Achievers ETF by 2,608.4% in the 4th quarter. GeoWealth Management LLC now owns 76,484 shares of the exchange traded fund’s stock worth $8,806,000 after acquiring an additional 73,660 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of PKW opened at $113.78 on Monday. The company has a market capitalization of $1.20 billion, a P/E ratio of 14.10 and a beta of 1.09. Invesco BuyBack Achievers ETF has a one year low of $96.10 and a one year high of $125.31. The business’s 50 day simple moving average is $109.60 and its 200-day simple moving average is $115.53.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.3078 dividend. This is an increase from Invesco BuyBack Achievers ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, March 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.