Stokes Family Office LLC Trims Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Stokes Family Office LLC decreased its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 5.8% in the 4th quarter, Holdings Channel reports. The firm owned 3,805 shares of the exchange traded fund’s stock after selling 235 shares during the period. Stokes Family Office LLC’s holdings in Invesco BuyBack Achievers ETF were worth $438,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Grove Bank & Trust purchased a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter worth about $35,000. Venturi Wealth Management LLC bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $43,000. Crews Bank & Trust bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $46,000. Noble Wealth Management PBC bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $54,000. Finally, Private Wealth Management Group LLC bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $75,000.

Invesco BuyBack Achievers ETF Price Performance

NASDAQ:PKW opened at $114.64 on Thursday. The business has a 50 day moving average of $116.99 and a 200 day moving average of $116.78. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.74 and a beta of 1.08. Invesco BuyBack Achievers ETF has a 1-year low of $101.26 and a 1-year high of $125.31.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently announced 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 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.