Total Clarity Wealth Management Inc. Has $3.88 Million Holdings in Invesco BuyBack Achievers ETF $PKW

Total Clarity Wealth Management Inc. raised its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 1,179.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,573 shares of the exchange traded fund’s stock after purchasing an additional 27,262 shares during the period. Total Clarity Wealth Management Inc. owned approximately 0.25% of Invesco BuyBack Achievers ETF worth $3,881,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Stegent Equity Advisors Inc. acquired a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at about $1,886,000. Curtis Advisory Group LLC grew its position in Invesco BuyBack Achievers ETF by 4.8% during the fourth quarter. Curtis Advisory Group LLC now owns 81,820 shares of the exchange traded fund’s stock worth $10,990,000 after buying an additional 3,760 shares in the last quarter. SteelPeak Wealth LLC acquired a new stake in Invesco BuyBack Achievers ETF during the fourth quarter worth about $551,000. Kendall Capital Management grew its position in Invesco BuyBack Achievers ETF by 121.6% during the fourth quarter. Kendall Capital Management now owns 8,082 shares of the exchange traded fund’s stock worth $1,086,000 after buying an additional 4,435 shares in the last quarter. Finally, Dana Investment Advisors Inc. bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at about $726,000.

Invesco BuyBack Achievers ETF Stock Up 0.4%

Invesco BuyBack Achievers ETF stock opened at $138.63 on Tuesday. The business has a 50 day moving average price of $137.45 and a two-hundred day moving average price of $136.11. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 15.13 and a beta of 0.93. Invesco BuyBack Achievers ETF has a 12 month low of $119.13 and a 12 month high of $141.39.

Invesco BuyBack Achievers ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be issued a dividend of $0.2575 per share. This represents a $1.03 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, June 22nd.

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.