Citadel Advisors LLC Has $2.46 Million Stock Position in Invesco BuyBack Achievers ETF $PKW

Citadel Advisors LLC boosted its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 213.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,403 shares of the exchange traded fund’s stock after buying an additional 11,855 shares during the period. Citadel Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $2,465,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PKW. Quantinno Capital Management LP grew its stake in Invesco BuyBack Achievers ETF by 1.9% during the first quarter. Quantinno Capital Management LP now owns 6,698 shares of the exchange traded fund’s stock worth $879,000 after buying an additional 123 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Invesco BuyBack Achievers ETF by 1.3% in the 4th quarter. Bank of Montreal Can now owns 11,581 shares of the exchange traded fund’s stock worth $1,556,000 after acquiring an additional 145 shares in the last quarter. Pacific Sun Financial Corp boosted its holdings in shares of Invesco BuyBack Achievers ETF by 1.0% in the 4th quarter. Pacific Sun Financial Corp now owns 15,421 shares of the exchange traded fund’s stock worth $2,071,000 after acquiring an additional 155 shares in the last quarter. Allworth Financial LP grew its position in Invesco BuyBack Achievers ETF by 7.7% during the 4th quarter. Allworth Financial LP now owns 2,728 shares of the exchange traded fund’s stock worth $366,000 after acquiring an additional 196 shares during the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new stake in Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $28,000.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW opened at $150.65 on Wednesday. The stock has a fifty day moving average price of $147.95 and a two-hundred day moving average price of $140.38. Invesco BuyBack Achievers ETF has a 52-week low of $125.47 and a 52-week high of $154.72. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.2575 dividend. This represents a $1.03 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, June 22nd.

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.