Concurrent Investment Advisors LLC Purchases 22,674 Shares of Invesco BuyBack Achievers ETF $PKW
by Michael Walen · The Markets DailyConcurrent Investment Advisors LLC increased its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) by 692.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,950 shares of the exchange traded fund’s stock after purchasing an additional 22,674 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $3,676,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC purchased a new stake in Invesco BuyBack Achievers ETF in the 4th quarter valued at about $28,000. Axiom Investment Management LLC purchased a new position in shares of Invesco BuyBack Achievers ETF in the 1st quarter worth approximately $52,000. Cardiff Park Advisors LLC purchased a new position in shares of Invesco BuyBack Achievers ETF in the 1st quarter worth approximately $79,000. Main Street Group LTD bought a new position in shares of Invesco BuyBack Achievers ETF in the first quarter valued at approximately $79,000. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at approximately $87,000.
Invesco BuyBack Achievers ETF Stock Performance
Shares of PKW opened at $153.53 on Tuesday. The stock has a 50 day moving average of $147.77 and a 200 day moving average of $140.30. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a 12 month low of $125.47 and a 12 month high of $154.72.
Invesco BuyBack Achievers ETF Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.2575 per share. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, June 22nd.
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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