250,185 Shares in Invesco BuyBack Achievers ETF (NASDAQ:PKW) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 250,185 shares of the exchange traded fund’s stock, valued at approximately $28,804,000.

Other institutional investors have also made changes to their positions in the company. Grove Bank & Trust bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $35,000. Venturi Wealth Management LLC bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $43,000. Crews Bank & Trust bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $46,000. Noble Wealth Management PBC bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $54,000. Finally, Private Wealth Management Group LLC bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at approximately $75,000.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW opened at $111.82 on Friday. The firm has a market cap of $1.19 billion, a PE ratio of 17.93 and a beta of 1.09. The firm’s 50 day moving average price is $117.10 and its 200 day moving average price is $116.68. Invesco BuyBack Achievers ETF has a twelve month low of $101.26 and a twelve month high of $125.31.

Invesco BuyBack Achievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.2197 per share. The ex-dividend date was Monday, December 23rd.

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.