BankPlus Trust Department Sells 343 Shares of Invesco BuyBack Achievers ETF $PKW

BankPlus Trust Department decreased its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,947 shares of the exchange traded fund’s stock after selling 343 shares during the period. BankPlus Trust Department owned approximately 0.10% of Invesco BuyBack Achievers ETF worth $1,353,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. LPL Financial LLC raised its position in Invesco BuyBack Achievers ETF by 3.3% in the 1st quarter. LPL Financial LLC now owns 392,318 shares of the exchange traded fund’s stock worth $44,201,000 after buying an additional 12,694 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Invesco BuyBack Achievers ETF by 7.3% during the 1st quarter. Raymond James Financial Inc. now owns 268,522 shares of the exchange traded fund’s stock valued at $30,253,000 after purchasing an additional 18,337 shares during the last quarter. Pacific Wealth Strategies Group Inc. increased its position in shares of Invesco BuyBack Achievers ETF by 0.3% during the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 114,774 shares of the exchange traded fund’s stock valued at $12,931,000 after purchasing an additional 355 shares during the last quarter. Sovran Advisors LLC increased its position in shares of Invesco BuyBack Achievers ETF by 92.2% during the 2nd quarter. Sovran Advisors LLC now owns 46,046 shares of the exchange traded fund’s stock valued at $5,782,000 after purchasing an additional 22,088 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC increased its position in shares of Invesco BuyBack Achievers ETF by 0.8% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 45,686 shares of the exchange traded fund’s stock valued at $5,647,000 after purchasing an additional 368 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Down 0.2%

NASDAQ PKW opened at $132.77 on Wednesday. Invesco BuyBack Achievers ETF has a 52 week low of $96.10 and a 52 week high of $134.08. The firm has a market capitalization of $1.51 billion, a P/E ratio of 15.13 and a beta of 1.09. The company has a 50-day moving average price of $130.00 and a 200-day moving average price of $121.26.

Invesco BuyBack Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.3774 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.51 annualized dividend and a yield of 1.1%. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.37.

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.