Invesco BuyBack Achievers ETF (NASDAQ:PKW) Sets New 1-Year Low – What’s Next?

Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKWGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $100.41 and last traded at $102.61, with a volume of 15979 shares. The stock had previously closed at $107.42.

Invesco BuyBack Achievers ETF Price Performance

The firm has a market cap of $1.06 billion, a PE ratio of 13.06 and a beta of 1.02. The stock has a 50-day moving average price of $115.70 and a 200 day moving average price of $116.99.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.3078 dividend. This is a boost from Invesco BuyBack Achievers ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Grove Bank & Trust purchased a new stake in Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $35,000. Venturi Wealth Management LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter valued at $43,000. Crews Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter valued at $46,000. Millstone Evans Group LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth $48,000. Finally, Noble Wealth Management PBC purchased a new position in shares of Invesco BuyBack Achievers ETF in the 4th quarter worth $54,000.

Invesco BuyBack Achievers ETF Company Profile

(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.

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