Destiny Wealth Partners LLC Reduces Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Destiny Wealth Partners LLC trimmed its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,315 shares of the exchange traded fund’s stock after selling 208 shares during the period. Destiny Wealth Partners LLC owned about 0.09% of Invesco BuyBack Achievers ETF worth $1,049,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in PKW. Raymond James Financial Inc. bought a new stake in Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $28,804,000. Bank of America Corp DE raised its stake in Invesco BuyBack Achievers ETF by 17.5% during the 4th quarter. Bank of America Corp DE now owns 702,068 shares of the exchange traded fund’s stock valued at $80,829,000 after purchasing an additional 104,645 shares during the period. Elevation Capital Advisory LLC raised its stake in Invesco BuyBack Achievers ETF by 2,608.4% during the 4th quarter. Elevation Capital Advisory LLC now owns 76,484 shares of the exchange traded fund’s stock valued at $8,806,000 after purchasing an additional 73,660 shares during the period. GeoWealth Management LLC raised its stake in Invesco BuyBack Achievers ETF by 2,608.4% during the 4th quarter. GeoWealth Management LLC now owns 76,484 shares of the exchange traded fund’s stock valued at $8,806,000 after purchasing an additional 73,660 shares during the period. Finally, Wealthfront Advisers LLC bought a new stake in Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $3,591,000.

Invesco BuyBack Achievers ETF Trading Up 1.2%

Shares of PKW opened at $120.26 on Monday. The business’s 50 day moving average is $111.74 and its 200 day moving average is $115.53. The company has a market capitalization of $1.29 billion, a PE ratio of 15.62 and a beta of 1.04. Invesco BuyBack Achievers ETF has a 12-month low of $96.10 and a 12-month high of $125.31.

Invesco BuyBack Achievers ETF Increases Dividend

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

About Invesco BuyBack Achievers ETF

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.