Shepherd Financial Partners LLC Cuts Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Shepherd Financial Partners LLC trimmed its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 8.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,756 shares of the exchange traded fund’s stock after selling 757 shares during the period. Shepherd Financial Partners LLC’s holdings in Invesco BuyBack Achievers ETF were worth $549,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Psagot Investment House Ltd. boosted its stake in Invesco BuyBack Achievers ETF by 110.5% during the 3rd quarter. Psagot Investment House Ltd. now owns 10,462 shares of the exchange traded fund’s stock valued at $655,000 after purchasing an additional 5,491 shares during the last quarter. Salomon & Ludwin LLC boosted its stake in Invesco BuyBack Achievers ETF by 12.1% during the 2nd quarter. Salomon & Ludwin LLC now owns 6,593 shares of the exchange traded fund’s stock valued at $413,000 after purchasing an additional 710 shares during the last quarter. Susquehanna International Group LLP boosted its stake in Invesco BuyBack Achievers ETF by 9.6% during the 2nd quarter. Susquehanna International Group LLP now owns 37,734 shares of the exchange traded fund’s stock valued at $2,364,000 after purchasing an additional 3,311 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Invesco BuyBack Achievers ETF by 833.3% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 2,800 shares of the exchange traded fund’s stock valued at $175,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Creative Planning boosted its stake in Invesco BuyBack Achievers ETF by 7.2% during the 3rd quarter. Creative Planning now owns 10,378 shares of the exchange traded fund’s stock valued at $649,000 after purchasing an additional 701 shares during the last quarter.

PKW stock traded up $0.51 during mid-day trading on Wednesday, reaching $66.57. 109,500 shares of the company traded hands, compared to its average volume of 150,597. Invesco BuyBack Achievers ETF has a fifty-two week low of $48.95 and a fifty-two week high of $67.86. The firm’s 50 day moving average price is $65.81 and its 200 day moving average price is $62.84.

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.

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Institutional Ownership by Quarter for Invesco BuyBack Achievers ETF (NASDAQ:PKW)

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