SignalPoint Asset Management LLC Takes Position in PowerShare Buyback Achievers Fund (PKW)

SignalPoint Asset Management LLC bought a new stake in PowerShare Buyback Achievers Fund (ETF) (NYSE:PKW) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 8,631 shares of the exchange traded fund’s stock, valued at approximately $479,000.

Other institutional investors have also bought and sold shares of the company. Fusion Family Wealth LLC acquired a new position in PowerShare Buyback Achievers Fund (ETF) during the second quarter worth $9,542,000. MML Investors Services LLC acquired a new position in PowerShare Buyback Achievers Fund (ETF) during the second quarter worth $3,115,000. Raymond James Financial Services Advisors Inc. raised its holdings in PowerShare Buyback Achievers Fund (ETF) by 10.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 412,117 shares of the exchange traded fund’s stock worth $22,118,000 after purchasing an additional 38,802 shares during the last quarter. Citadel Advisors LLC raised its holdings in PowerShare Buyback Achievers Fund (ETF) by 345.2% during the second quarter. Citadel Advisors LLC now owns 47,529 shares of the exchange traded fund’s stock worth $2,551,000 after purchasing an additional 36,853 shares during the last quarter. Finally, Strategic Wealth Advisors Group LLC acquired a new position in PowerShare Buyback Achievers Fund (ETF) during the second quarter worth $884,000.

PowerShare Buyback Achievers Fund (NYSE PKW) traded down $0.12 during trading on Friday, reaching $55.92. The company had a trading volume of 42,166 shares. PowerShare Buyback Achievers Fund has a 52-week low of $46.07 and a 52-week high of $57.02.

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About PowerShare Buyback Achievers Fund (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.

Institutional Ownership by Quarter for PowerShare Buyback Achievers Fund (ETF) (NYSE:PKW)

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