Koshinski Asset Management Inc. Purchases 7,121 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Koshinski Asset Management Inc. raised its holdings in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 11.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,055 shares of the exchange traded fund’s stock after buying an additional 7,121 shares during the quarter. Invesco BuyBack Achievers ETF accounts for approximately 0.0% of Koshinski Asset Management Inc.’s holdings, making the stock its 25th biggest holding. Koshinski Asset Management Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $7,720,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PKW. Pacific Wealth Strategies Group Inc. boosted its position in shares of Invesco BuyBack Achievers ETF by 8.6% during the 3rd quarter. Pacific Wealth Strategies Group Inc. now owns 114,159 shares of the exchange traded fund’s stock valued at $13,073,000 after acquiring an additional 9,046 shares in the last quarter. Legacy Capital Wealth Partners LLC lifted its stake in Invesco BuyBack Achievers ETF by 27.4% during the third quarter. Legacy Capital Wealth Partners LLC now owns 100,315 shares of the exchange traded fund’s stock worth $10,957,000 after purchasing an additional 21,547 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco BuyBack Achievers ETF by 1.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 42,598 shares of the exchange traded fund’s stock valued at $4,878,000 after purchasing an additional 499 shares in the last quarter. FMR LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 2.3% in the 3rd quarter. FMR LLC now owns 40,287 shares of the exchange traded fund’s stock valued at $4,614,000 after purchasing an additional 903 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco BuyBack Achievers ETF by 10.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,760 shares of the exchange traded fund’s stock worth $4,027,000 after buying an additional 3,624 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of PKW stock opened at $118.99 on Tuesday. The stock’s fifty day simple moving average is $119.23 and its 200 day simple moving average is $113.91. Invesco BuyBack Achievers ETF has a one year low of $96.67 and a one year high of $125.31. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders 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 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.