3,762 Shares in Invesco BuyBack Achievers ETF $PKW Bought by Hyundai Investments Co. Ltd.

Hyundai Investments Co. Ltd. bought a new position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,762 shares of the exchange traded fund’s stock, valued at approximately $509,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in Invesco BuyBack Achievers ETF by 5.6% in the 3rd quarter. Bank of America Corp DE now owns 824,794 shares of the exchange traded fund’s stock worth $109,269,000 after purchasing an additional 43,912 shares during the period. LPL Financial LLC boosted its stake in Invesco BuyBack Achievers ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 463,308 shares of the exchange traded fund’s stock worth $62,232,000 after purchasing an additional 40,121 shares during the period. Wells Fargo & Company MN boosted its stake in Invesco BuyBack Achievers ETF by 11.2% in the 4th quarter. Wells Fargo & Company MN now owns 372,416 shares of the exchange traded fund’s stock worth $50,023,000 after purchasing an additional 37,513 shares during the period. UBS Group AG lifted its position in Invesco BuyBack Achievers ETF by 11.4% during the 3rd quarter. UBS Group AG now owns 137,398 shares of the exchange traded fund’s stock worth $18,202,000 after buying an additional 14,043 shares in the last quarter. Finally, Curtis Advisory Group LLC lifted its position in Invesco BuyBack Achievers ETF by 4.8% during the 4th 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.

Invesco BuyBack Achievers ETF Price Performance

Shares of NASDAQ:PKW opened at $139.82 on Tuesday. The company’s 50-day moving average price is $137.00 and its two-hundred day moving average price is $135.89. Invesco BuyBack Achievers ETF has a one year low of $119.13 and a one year high of $141.39. The stock has a market capitalization of $1.66 billion, a PE ratio of 15.13 and a beta of 0.93.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.2167 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.87 annualized dividend and a yield of 0.6%.

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.