Invesco International BuyBack Achievers ETF $IPKW Stock Holdings Increased by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC increased its holdings in shares of Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 16.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 408,736 shares of the company’s stock after acquiring an additional 59,219 shares during the quarter. Invesco International BuyBack Achievers ETF makes up 9.5% of Kellett Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. Kellett Wealth Advisors LLC’s holdings in Invesco International BuyBack Achievers ETF were worth $24,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IPKW. Bank of America Corp DE lifted 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 acquiring an additional 108,140 shares in the last quarter. Arkadios Wealth Advisors grew its stake in Invesco International BuyBack Achievers ETF by 7.6% in the first 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 period. Breakwater Capital Group grew its stake in Invesco International BuyBack Achievers ETF by 7.4% in the third 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 period. Brookstone Capital Management increased its holdings in shares of Invesco International BuyBack Achievers ETF by 8.2% in the first quarter. Brookstone Capital Management now owns 154,161 shares of the company’s stock worth $8,673,000 after acquiring an additional 11,707 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Invesco International BuyBack Achievers ETF by 15.6% in the first quarter. Cetera Investment Advisers now owns 103,006 shares of the company’s stock worth $5,795,000 after acquiring an additional 13,886 shares in the last quarter.

Invesco International BuyBack Achievers ETF Price Performance

Shares of Invesco International BuyBack Achievers ETF stock opened at $59.36 on Thursday. The company has a market capitalization of $546.11 million, a P/E ratio of 10.59 and a beta of 0.64. The business has a 50-day moving average of $60.54 and a two-hundred day moving average of $58.95. Invesco International BuyBack Achievers ETF has a 1 year low of $51.09 and a 1 year high of $62.17.

Invesco International BuyBack Achievers ETF Cuts Dividend

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

About Invesco International BuyBack Achievers ETF

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.