Invesco BuyBack Achievers ETF (NASDAQ:PKW) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 89.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,450 shares of the exchange traded fund’s stock after selling 11,804 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $144,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in PKW. Ronald Blue Trust Inc. acquired a new position in Invesco BuyBack Achievers ETF in the third quarter worth $27,000. Resurgent Financial Advisors LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at $28,000. Barclays PLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the second quarter valued at $30,000. CENTRAL TRUST Co acquired a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at $51,000. Finally, Comerica Bank acquired a new position in shares of Invesco BuyBack Achievers ETF during the third quarter valued at $64,000.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW opened at $102.88 on Tuesday. Invesco BuyBack Achievers ETF has a 1 year low of $81.93 and a 1 year high of $108.33. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 9.87 and a beta of 1.09. The firm has a fifty day moving average of $103.86 and a 200-day moving average of $97.23.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.3103 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.21%. The ex-dividend date was Monday, March 18th.

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.