UBS Group AG Sells 26,053 Shares of Invesco BuyBack Achievers ETF $PKW

UBS Group AG lowered its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 19.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,345 shares of the exchange traded fund’s stock after selling 26,053 shares during the quarter. UBS Group AG owned about 0.95% of Invesco BuyBack Achievers ETF worth $14,956,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Modern Wealth Management LLC boosted its position in Invesco BuyBack Achievers ETF by 2.3% during the third quarter. Modern Wealth Management LLC now owns 3,566 shares of the exchange traded fund’s stock worth $472,000 after purchasing an additional 79 shares during the period. Essex Financial Services Inc. boosted its position in Invesco BuyBack Achievers ETF by 0.5% during the third quarter. Essex Financial Services Inc. now owns 16,604 shares of the exchange traded fund’s stock worth $2,200,000 after purchasing an additional 84 shares during the period. Allworth Financial LP boosted its position in Invesco BuyBack Achievers ETF by 3.6% during the third quarter. Allworth Financial LP now owns 2,532 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 88 shares during the period. Belpointe Asset Management LLC boosted its position in Invesco BuyBack Achievers ETF by 1.2% during the fourth quarter. Belpointe Asset Management LLC now owns 9,268 shares of the exchange traded fund’s stock worth $1,245,000 after purchasing an additional 109 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its position in Invesco BuyBack Achievers ETF by 4.7% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,206 shares of the exchange traded fund’s stock worth $565,000 after purchasing an additional 189 shares during the period.

Invesco BuyBack Achievers ETF Stock Down 0.8%

Shares of Invesco BuyBack Achievers ETF stock opened at $134.35 on Thursday. Invesco BuyBack Achievers ETF has a 12-month low of $115.56 and a 12-month high of $141.39. The stock has a market capitalization of $1.60 billion, a P/E ratio of 15.13 and a beta of 0.95. The stock has a 50 day moving average price of $134.81 and a two-hundred day moving average price of $134.70.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.2167 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 0.6%.

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.