Truist Financial Corp Purchases 25,389 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Truist Financial Corp boosted its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 33.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 102,398 shares of the exchange traded fund’s stock after acquiring an additional 25,389 shares during the period. Truist Financial Corp owned 0.97% of Invesco BuyBack Achievers ETF worth $11,789,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Grove Bank & Trust bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter valued at about $35,000. Crews Bank & Trust bought a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $46,000. Private Wealth Management Group LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $75,000. Valley Wealth Managers Inc. bought a new stake in shares of Invesco BuyBack Achievers ETF during the third quarter valued at about $90,000. Finally, Dunhill Financial LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the third quarter valued at about $115,000.

Invesco BuyBack Achievers ETF Stock Down 0.6 %

Shares of PKW opened at $119.16 on Friday. The business’s 50-day moving average price is $117.82 and its 200-day moving average price is $115.91. Invesco BuyBack Achievers ETF has a twelve month low of $100.11 and a twelve month high of $125.31. The stock has a market cap of $1.26 billion, a PE ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Announces Dividend

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