From MarketBeat:



AE Wealth Management LLC recently acquired a new position in Invesco BuyBack Achievers ETF in the 3rd quarter, purchasing 86,929 shares valued at approximately $7,821,000. Additionally, several other hedge funds and institutional investors also added to or reduced their stakes in the stock. Invesco BuyBack Achievers ETF’s stock opened at $98.52 and has a market capitalization of $1.92 billion, with a price-to-earnings ratio of 9.87 and a beta of 1.09. The company also declared a quarterly dividend of $0.3806 per share to be paid on December 22nd. The Fund seeks investment results that correspond to the price and yield of the Share BuyBack Achievers Index, which is designed to track companies that have repurchased at least 5% of their outstanding shares for the trailing 12 months. Despite currently having a “hold” rating among analysts, top-rated analysts recommend five other stocks as better buys. AE Wealth Management LLC owned approximately 0.45% of Invesco BuyBack Achievers ETF as of its most recent filing with the Securities & Exchange Commission.



Original: AE Wealth Management LLC Invests $7.82 Million in Invesco BuyBack Achievers ETF (NASDAQ:PKW)