Invesco International BuyBack Achievers ETF $IPKW Stock: Kellett Wealth Advisors LLC Grows Stake

by · The Markets Daily

Kellett Wealth Advisors LLC boosted its stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW – Free Report) by 16.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 408,736 shares of the company’s stock after purchasing an additional 59,219 shares during the quarter. Invesco International BuyBack Achievers ETF comprises about 9.5% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Kellett Wealth Advisors LLC owned about 4.44% of Invesco International BuyBack Achievers ETF worth $24,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IPKW. Bank of America Corp DE boosted its holdings in Invesco International BuyBack Achievers ETF by 18.4% during the first quarter. Bank of America Corp DE now owns 695,777 shares of the company’s stock worth $39,146,000 after buying an additional 108,140 shares during the last quarter. Arkadios Wealth Advisors increased its stake in shares of Invesco International BuyBack Achievers ETF by 7.6% in the 1st quarter. Arkadios Wealth Advisors now owns 171,141 shares of the company’s stock valued at $9,629,000 after acquiring an additional 12,108 shares during the last quarter. Breakwater Capital Group increased its stake in shares of Invesco International BuyBack Achievers ETF by 7.4% in the 3rd quarter. Breakwater Capital Group now owns 160,008 shares of the company’s stock valued at $9,490,000 after acquiring an additional 11,013 shares during the last quarter. Brookstone Capital Management increased its stake in shares of Invesco International BuyBack Achievers ETF by 8.2% in the 1st quarter. Brookstone Capital Management now owns 154,161 shares of the company’s stock valued at $8,673,000 after acquiring an additional 11,707 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Invesco International BuyBack Achievers ETF by 15.6% in the 1st quarter. Cetera Investment Advisers now owns 103,006 shares of the company’s stock valued at $5,795,000 after acquiring an additional 13,886 shares during the period.

Invesco International BuyBack Achievers ETF Price Performance

Shares of NASDAQ:IPKW opened at $59.36 on Thursday. The firm’s 50 day simple moving average is $60.54 and its 200 day simple moving average is $58.95. Invesco International BuyBack Achievers ETF has a fifty-two week low of $51.09 and a fifty-two week high of $62.17. The company has a market capitalization of $546.11 million, a price-to-earnings ratio of 10.59 and a beta of 0.64.

Invesco International BuyBack Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a $0.2494 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a drop from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.4503. This represents a $1.00 annualized dividend and a yield of 1.7%.

Invesco International BuyBack Achievers ETF Company Profile

(Free Report)

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.

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