JBR Co Financial Management Inc Decreases Stock Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

JBR Co Financial Management Inc trimmed its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 11.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,636 shares of the exchange traded fund’s stock after selling 622 shares during the quarter. JBR Co Financial Management Inc’s holdings in Invesco BuyBack Achievers ETF were worth $534,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Grove Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $35,000. Venturi Wealth Management LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $43,000. Crews Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $46,000. Private Wealth Management Group LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $75,000. Finally, Valley Wealth Managers Inc. purchased a new position in shares of Invesco BuyBack Achievers ETF in the 3rd quarter valued at approximately $90,000.

Invesco BuyBack Achievers ETF Stock Down 2.0 %

Shares of Invesco BuyBack Achievers ETF stock opened at $116.75 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 12.93 and a beta of 1.09. The company has a 50 day moving average price of $117.76 and a 200 day moving average price of $116.08. Invesco BuyBack Achievers ETF has a 52 week low of $100.68 and a 52 week high of $125.31.

Invesco BuyBack Achievers ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.2197 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.