Grove Bank & Trust Takes Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Grove Bank & Trust purchased a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 300 shares of the exchange traded fund’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mendota Financial Group LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the 3rd quarter valued at $59,000. Valley Wealth Managers Inc. bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth $90,000. Dunhill Financial LLC bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth $115,000. Lion Street Advisors LLC bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth $202,000. Finally, Dynamic Advisor Solutions LLC bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth $203,000.

Invesco BuyBack Achievers ETF Stock Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $118.99 on Tuesday. Invesco BuyBack Achievers ETF has a one year low of $96.67 and a one year high of $125.31. The stock’s fifty day moving average is $119.23 and its 200 day moving average is $113.91. The stock 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 Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued 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.