Lane & Associates LLC Has $614,000 Holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Lane & Associates LLC reduced its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 9.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,360 shares of the exchange traded fund’s stock after selling 568 shares during the period. Lane & Associates LLC owned about 0.05% of Invesco BuyBack Achievers ETF worth $614,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PKW. Larson Financial Group LLC acquired a new position in Invesco BuyBack Achievers ETF in the 2nd quarter worth about $31,000. Russell Investments Group Ltd. bought a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter worth about $32,000. Mendota Financial Group LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter worth about $59,000. Valley Wealth Managers Inc. bought a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter worth about $90,000. Finally, Lion Street Advisors LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the 3rd quarter worth about $202,000.

Invesco BuyBack Achievers ETF Stock Performance

PKW opened at $123.75 on Friday. The company has a market cap of $1.31 billion, a PE ratio of 12.93 and a beta of 1.09. The stock has a 50-day moving average of $116.40 and a 200-day moving average of $109.57. Invesco BuyBack Achievers ETF has a 52-week low of $91.24 and a 52-week high of $123.86.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.74%. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22.

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.