Harbour Investments Inc. Sells 617 Shares of Invesco BuyBack Achievers ETF $PKW

Harbour Investments Inc. decreased its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 61.0% during the second quarter, Holdings Channel.com reports. The fund owned 394 shares of the exchange traded fund’s stock after selling 617 shares during the quarter. Harbour Investments Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $49,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PKW. Costello Asset Management INC raised its stake in Invesco BuyBack Achievers ETF by 77.0% during the 2nd quarter. Costello Asset Management INC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 94 shares during the period. Assetmark Inc. raised its stake in Invesco BuyBack Achievers ETF by 262.8% during the 1st quarter. Assetmark Inc. now owns 283 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 205 shares during the period. Bangor Savings Bank bought a new stake in Invesco BuyBack Achievers ETF during the 2nd quarter worth approximately $95,000. Ameritas Advisory Services LLC bought a new stake in Invesco BuyBack Achievers ETF during the 2nd quarter worth approximately $115,000. Finally, Lion Street Advisors LLC bought a new stake in Invesco BuyBack Achievers ETF during the 2nd quarter worth approximately $207,000.

Invesco BuyBack Achievers ETF Trading Up 0.9%

NASDAQ PKW opened at $133.74 on Friday. Invesco BuyBack Achievers ETF has a 12 month low of $96.10 and a 12 month high of $134.27. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 15.13 and a beta of 1.09. The company’s 50 day moving average is $131.39 and its two-hundred day moving average is $123.11.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.3774 per share. The ex-dividend date was Monday, September 22nd. This is an increase from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.37. This represents a $1.51 annualized dividend and a dividend yield of 1.1%.

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.