Financial Enhancement Group LLC Acquires New Shares in Invesco International BuyBack Achievers ETF $IPKW

Financial Enhancement Group LLC acquired a new stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) in the third quarter, according to its most recent filing with the SEC. The fund acquired 67,064 shares of the company’s stock, valued at approximately $3,917,000. Financial Enhancement Group LLC owned approximately 0.73% of Invesco International BuyBack Achievers ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Bancorp bought a new position in shares of Invesco International BuyBack Achievers ETF in the first quarter worth $35,000. Kane Investment Management Inc. bought a new stake in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at $208,000. Integrated Wealth Concepts LLC bought a new stake in shares of Invesco International BuyBack Achievers ETF during the 2nd quarter valued at $221,000. Apollon Wealth Management LLC purchased a new stake in Invesco International BuyBack Achievers ETF during the 1st quarter worth about $264,000. Finally, IRON Financial LLC lifted its holdings in Invesco International BuyBack Achievers ETF by 40.9% during the 1st quarter. IRON Financial LLC now owns 5,556 shares of the company’s stock worth $313,000 after purchasing an additional 1,613 shares in the last quarter.

Invesco International BuyBack Achievers ETF Stock Performance

NASDAQ IPKW traded up $0.15 during trading hours on Thursday, hitting $58.56. The company had a trading volume of 27,495 shares, compared to its average volume of 55,998. The firm has a market capitalization of $538.75 million, a price-to-earnings ratio of 10.59 and a beta of 0.64. Invesco International BuyBack Achievers ETF has a 52 week low of $50.96 and a 52 week high of $62.17. The firm has a 50 day simple moving average of $60.68 and a 200 day simple moving average of $58.84.

Invesco International BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a dividend of $0.2494 per share. This is a decrease 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%. The ex-dividend date of this dividend was Monday, September 21st.

Invesco International BuyBack Achievers ETF Company Profile

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.