Invesco BuyBack Achievers ETF (NASDAQ:PKW) Shares Sold by Stifel Financial Corp

Stifel Financial Corp cut its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 18,502 shares of the exchange traded fund’s stock after selling 479 shares during the period. Stifel Financial Corp owned about 0.17% of Invesco BuyBack Achievers ETF worth $2,119,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Tempus Wealth Planning LLC increased its position in shares of Invesco BuyBack Achievers ETF by 1.8% during the third quarter. Tempus Wealth Planning LLC now owns 10,306 shares of the exchange traded fund’s stock worth $1,180,000 after purchasing an additional 178 shares in the last quarter. Larson Financial Group LLC acquired a new stake in Invesco BuyBack Achievers ETF during the 2nd quarter worth $31,000. Cetera Investment Advisers raised its position in shares of Invesco BuyBack Achievers ETF by 1.1% in the second quarter. Cetera Investment Advisers now owns 27,412 shares of the exchange traded fund’s stock valued at $2,848,000 after buying an additional 302 shares during the last quarter. Park Edge Advisors LLC lifted its stake in Invesco BuyBack Achievers ETF by 2.3% in the 2nd quarter. Park Edge Advisors LLC now owns 20,836 shares of the exchange traded fund’s stock worth $2,165,000 after purchasing an additional 474 shares in the last quarter. Finally, Mendota Financial Group LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the third quarter valued at approximately $59,000.

Invesco BuyBack Achievers ETF Price Performance

Shares of PKW stock opened at $114.62 on Friday. The firm’s 50-day moving average is $119.44 and its two-hundred day moving average is $111.86. Invesco BuyBack Achievers ETF has a 12 month low of $96.67 and a 12 month high of $125.31. The company has a market capitalization of $1.21 billion, a PE ratio of 12.93 and a beta of 1.09.

About Invesco BuyBack Achievers ETF

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.