Tower Research Capital LLC TRC Has $1.46 Million Stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

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Tower Research Capital LLC TRC decreased its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 29.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,247 shares of the exchange traded fund’s stock after selling 9,590 shares during the quarter. Tower Research Capital LLC TRC owned 0.13% of Invesco BuyBack Achievers ETF worth $1,456,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Meridian Wealth Management LLC increased its position in shares of Invesco BuyBack Achievers ETF by 43.7% in the second quarter. Meridian Wealth Management LLC now owns 526 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 160 shares during the last quarter. Thompson Siegel & Walmsley LLC acquired a new stake in shares of Invesco BuyBack Achievers ETF in the first quarter valued at about $67,000. FMR LLC increased its position in shares of Invesco BuyBack Achievers ETF by 72,700.0% in the first quarter. FMR LLC now owns 1,456 shares of the exchange traded fund’s stock valued at $86,000 after acquiring an additional 1,454 shares during the last quarter. NEXT Financial Group Inc acquired a new stake in shares of Invesco BuyBack Achievers ETF in the second quarter valued at about $192,000. Finally, Essex Financial Services Inc. acquired a new stake in shares of Invesco BuyBack Achievers ETF in the second quarter valued at about $215,000.

Shares of NASDAQ:PKW traded up $0.13 during midday trading on Friday, reaching $63.79. The company had a trading volume of 23,562 shares, compared to its average volume of 172,359. The business’s 50 day moving average price is $61.48 and its 200 day moving average price is $61.44. Invesco BuyBack Achievers ETF has a 1-year low of $48.95 and a 1-year high of $64.29.

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.

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Institutional Ownership by Quarter for Invesco BuyBack Achievers ETF (NASDAQ:PKW)

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