GHP Investment Advisors Inc. Reduces Stock Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

GHP Investment Advisors Inc. lessened its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,610 shares of the exchange traded fund’s stock after selling 242 shares during the period. GHP Investment Advisors Inc. owned about 0.26% of Invesco BuyBack Achievers ETF worth $3,179,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PKW. Grove Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter worth about $35,000. Crews Bank & Trust purchased a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $46,000. Mendota Financial Group LLC bought a new position in Invesco BuyBack Achievers ETF in the third quarter worth about $59,000. Private Wealth Management Group LLC purchased a new stake in Invesco BuyBack Achievers ETF in the fourth quarter worth about $75,000. Finally, Valley Wealth Managers Inc. bought a new stake in Invesco BuyBack Achievers ETF during the 3rd quarter valued at approximately $90,000.

Invesco BuyBack Achievers ETF Stock Performance

PKW stock opened at $119.50 on Friday. Invesco BuyBack Achievers ETF has a fifty-two week low of $99.16 and a fifty-two week high of $125.31. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 12.93 and a beta of 1.09. The business’s 50 day moving average price is $118.67 and its two-hundred day moving average price is $115.10.

Invesco BuyBack Achievers ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.2197 dividend. The ex-dividend date 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.