Pure Financial Advisors LLC Buys 343 Shares of Invesco BuyBack Achievers ETF $PKW

Pure Financial Advisors LLC grew its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 12.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 3,083 shares of the exchange traded fund’s stock after purchasing an additional 343 shares during the period. Pure Financial Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $381,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC lifted its stake in shares of Invesco BuyBack Achievers ETF by 9.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,162 shares of the exchange traded fund’s stock valued at $885,000 after purchasing an additional 622 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in shares of Invesco BuyBack Achievers ETF by 1.7% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 13,197 shares of the exchange traded fund’s stock valued at $1,665,000 after purchasing an additional 221 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco BuyBack Achievers ETF by 3.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 40,663 shares of the exchange traded fund’s stock valued at $5,129,000 after purchasing an additional 1,314 shares during the last quarter. Sovran Advisors LLC lifted its stake in shares of Invesco BuyBack Achievers ETF by 92.2% in the 2nd quarter. Sovran Advisors LLC now owns 46,046 shares of the exchange traded fund’s stock valued at $5,782,000 after purchasing an additional 22,088 shares during the last quarter. Finally, Aaron Wealth Advisors LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 2nd quarter valued at approximately $277,000.

Invesco BuyBack Achievers ETF Price Performance

NASDAQ:PKW opened at $133.46 on Friday. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 15.13 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 1 year low of $96.10 and a 1 year high of $134.05. The business has a 50 day simple moving average of $129.75 and a 200-day simple moving average of $120.95.

Invesco BuyBack Achievers ETF Increases Dividend

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

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.