Invesco BuyBack Achievers ETF Overview
The ETF has a market cap of $1.22 billion, a price-to-earnings ratio of 12.93, and a beta of 1.09. Its 50-day moving average is $110.62, while the 200-day moving average is $106.76.
Dividend Increase Announcement
Recently, a quarterly dividend of $0.23 was declared, paid on September 27th to investors on record as of September 23rd. This is an increase from the previous quarterly dividend of $0.22, resulting in an annualized dividend of $0.92 and a yield of 0.79%.
Hedge Fund Activity
Several hedge funds have adjusted their holdings in the ETF. Notable changes include:
- Pacific Wealth Strategies increased its stake by 0.7%, owning over 105,000 shares now valued at $10.9 million.
- Curtis Advisory upped its position by 0.5%, now holding 82,715 shares worth $8.95 million.
- Legacy Capital acquired a new stake valued at $8.18 million.
- Raymond James raised its stake by 37.6%, now owning 78,539 shares valued at $8.16 million.
- B. Riley Wealth Advisors also entered a new position worth $7.78 million.
Company Profile
The Invesco BuyBack Achievers ETF aims to replicate the performance of the Share BuyBack Achievers Index, which tracks U.S. companies that have repurchased at least 5% of their shares in the past year.
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