Invesco BuyBack Achievers ETF (NASDAQ:PKW) is Pacific Wealth Strategies Group Inc.’s 2nd Largest Position

Pacific Wealth Strategies Group Inc. lifted its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,419 shares of the exchange traded fund’s stock after buying an additional 260 shares during the period. Invesco BuyBack Achievers ETF makes up approximately 9.2% of Pacific Wealth Strategies Group Inc.’s holdings, making the stock its 2nd largest holding. Pacific Wealth Strategies Group Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $13,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of PKW. Legacy Capital Wealth Partners LLC grew its position in Invesco BuyBack Achievers ETF by 27.4% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 100,315 shares of the exchange traded fund’s stock worth $10,957,000 after acquiring an additional 21,547 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in Invesco BuyBack Achievers ETF by 11.9% during the 4th quarter. Koshinski Asset Management Inc. now owns 67,055 shares of the exchange traded fund’s stock valued at $7,720,000 after buying an additional 7,121 shares during the period. EP Wealth Advisors LLC bought a new stake in Invesco BuyBack Achievers ETF in the 3rd quarter worth $687,000. Park Edge Advisors LLC increased its position in shares of Invesco BuyBack Achievers ETF by 26.9% in the third quarter. Park Edge Advisors LLC now owns 26,431 shares of the exchange traded fund’s stock valued at $3,027,000 after acquiring an additional 5,595 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $644,000.

Invesco BuyBack Achievers ETF Trading Down 0.3 %

Invesco BuyBack Achievers ETF stock opened at $119.12 on Friday. The firm has a 50-day moving average of $118.44 and a 200-day moving average of $115.21. The firm has a market cap of $1.26 billion, a P/E ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 1-year low of $99.16 and a 1-year high of $125.31.

Invesco BuyBack Achievers ETF Announces Dividend

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