Invesco BuyBack Achievers ETF (NASDAQ:PKW) Sets New 52-Week High – Here’s What Happened

Invesco BuyBack Achievers ETF (NASDAQ:PKWGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $151.03 and last traded at $151.03, with a volume of 4848 shares changing hands. The stock had previously closed at $150.29.

Invesco BuyBack Achievers ETF Trading Up 0.0%

The stock has a 50-day moving average price of $143.21 and a two-hundred day moving average price of $138.45. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.2575 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.7%.

Hedge Funds Weigh In On Invesco BuyBack Achievers ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Trust Co. of Vermont acquired a new stake in Invesco BuyBack Achievers ETF in the 2nd quarter worth approximately $28,000. Garton & Associates Financial Advisors LLC acquired a new position in Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $28,000. Axiom Investment Management LLC acquired a new position in Invesco BuyBack Achievers ETF during the 1st quarter valued at approximately $52,000. Main Street Group LTD purchased a new position in shares of Invesco BuyBack Achievers ETF in the first quarter worth $79,000. Finally, Cardiff Park Advisors LLC purchased a new position in shares of Invesco BuyBack Achievers ETF in the first quarter worth $79,000.

About Invesco BuyBack Achievers ETF

(Get 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.

Further Reading

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