Destiny Wealth Partners LLC Lowers Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Destiny Wealth Partners LLC decreased its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,523 shares of the exchange traded fund’s stock after selling 309 shares during the period. Destiny Wealth Partners LLC’s holdings in Invesco BuyBack Achievers ETF were worth $1,096,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PKW. Kovitz Investment Group Partners LLC lifted its holdings in Invesco BuyBack Achievers ETF by 1.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 14,209 shares of the exchange traded fund’s stock worth $1,596,000 after acquiring an additional 136 shares during the period. Tempus Wealth Planning LLC increased its position in shares of Invesco BuyBack Achievers ETF by 1.8% during the 3rd quarter. Tempus Wealth Planning LLC now owns 10,306 shares of the exchange traded fund’s stock valued at $1,180,000 after purchasing an additional 178 shares during the last quarter. Grove Bank & Trust bought a new stake in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth $35,000. Cetera Investment Advisers boosted its holdings in shares of Invesco BuyBack Achievers ETF by 1.1% in the 2nd quarter. Cetera Investment Advisers now owns 27,412 shares of the exchange traded fund’s stock worth $2,848,000 after buying an additional 302 shares during the last quarter. Finally, Crews Bank & Trust bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at about $46,000.

Invesco BuyBack Achievers ETF Stock Down 1.0 %

Shares of PKW stock opened at $119.79 on Friday. The firm has a market cap of $1.27 billion, a P/E ratio of 12.93 and a beta of 1.09. The company has a 50 day moving average of $118.99 and a 200-day moving average of $114.79. Invesco BuyBack Achievers ETF has a 12-month low of $99.16 and a 12-month high of $125.31.

Invesco BuyBack Achievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.2197 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.