Koshinski Asset Management Inc. Has $9.09 Million Stock Holdings in Invesco BuyBack Achievers ETF $PKW

Koshinski Asset Management Inc. boosted its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 11.8% during the third quarter, HoldingsChannel reports. The fund owned 68,595 shares of the exchange traded fund’s stock after purchasing an additional 7,235 shares during the quarter. Invesco BuyBack Achievers ETF comprises 0.6% of Koshinski Asset Management Inc.’s holdings, making the stock its 28th largest position. Koshinski Asset Management Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $9,087,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Essex Financial Services Inc. lifted its holdings in shares of Invesco BuyBack Achievers ETF by 0.5% during the third quarter. Essex Financial Services Inc. now owns 16,604 shares of the exchange traded fund’s stock worth $2,200,000 after purchasing an additional 84 shares during the period. Carnegie Investment Counsel lifted its holdings in Invesco BuyBack Achievers ETF by 0.7% during the 2nd quarter. Carnegie Investment Counsel now owns 15,232 shares of the exchange traded fund’s stock worth $1,883,000 after buying an additional 110 shares during the period. Assetmark Inc. lifted its holdings in Invesco BuyBack Achievers ETF by 72.4% during the 2nd quarter. Assetmark Inc. now owns 488 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 205 shares during the period. National Wealth Management Group LLC grew its position in shares of Invesco BuyBack Achievers ETF by 8.2% in the 3rd quarter. National Wealth Management Group LLC now owns 2,710 shares of the exchange traded fund’s stock valued at $359,000 after buying an additional 206 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its stake in shares of Invesco BuyBack Achievers ETF by 10.0% in the third quarter. Aaron Wealth Advisors LLC now owns 2,462 shares of the exchange traded fund’s stock valued at $326,000 after buying an additional 224 shares during the period.

Invesco BuyBack Achievers ETF Price Performance

Shares of PKW opened at $139.41 on Friday. The business has a 50-day moving average of $136.84 and a 200-day moving average of $132.94. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05. Invesco BuyBack Achievers ETF has a 1 year low of $96.10 and a 1 year high of $140.10.

Invesco BuyBack Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.2739 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.10 dividend on an annualized basis and a dividend yield of 0.8%.

Invesco BuyBack Achievers ETF 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.