United Community Bank Buys Shares of 496,225 Invesco BuyBack Achievers ETF $PKW

United Community Bank bought a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 496,225 shares of the exchange traded fund’s stock, valued at approximately $70,000. United Community Bank owned approximately 4.21% of Invesco BuyBack Achievers ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Garton & Associates Financial Advisors LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at $28,000. Axiom Investment Management LLC bought a new stake in Invesco BuyBack Achievers ETF in the 1st quarter worth about $52,000. Cardiff Park Advisors LLC bought a new stake in Invesco BuyBack Achievers ETF in the 1st quarter worth about $79,000. Main Street Group LTD bought a new stake in Invesco BuyBack Achievers ETF in the 1st quarter worth about $79,000. Finally, International Assets Investment Management LLC purchased a new position in Invesco BuyBack Achievers ETF in the 4th quarter worth about $87,000.

Invesco BuyBack Achievers ETF Stock Performance

PKW opened at $153.53 on Friday. The stock has a market capitalization of $1.81 billion, a P/E ratio of 15.13 and a beta of 0.92. The company’s 50-day simple moving average is $147.54 and its two-hundred day simple moving average is $140.18. Invesco BuyBack Achievers ETF has a 52-week low of $125.47 and a 52-week high of $154.72.

Invesco BuyBack Achievers ETF Dividend Announcement

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

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.