Principle Wealth Partners LLC Increases Holdings in Invesco International BuyBack Achievers ETF $IPKW

Principle Wealth Partners LLC grew its holdings in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 198.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,137 shares of the company’s stock after acquiring an additional 37,330 shares during the period. Principle Wealth Partners LLC’s holdings in Invesco International BuyBack Achievers ETF were worth $3,120,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Fortis Group Advisors LLC lifted its position in shares of Invesco International BuyBack Achievers ETF by 0.9% in the fourth quarter. Fortis Group Advisors LLC now owns 19,606 shares of the company’s stock valued at $1,145,000 after acquiring an additional 171 shares in the last quarter. Dana Investment Advisors Inc. lifted its position in shares of Invesco International BuyBack Achievers ETF by 23.6% in the fourth quarter. Dana Investment Advisors Inc. now owns 24,991 shares of the company’s stock valued at $1,389,000 after acquiring an additional 4,768 shares in the last quarter. Horizon Wealth Management LLC bought a new stake in shares of Invesco International BuyBack Achievers ETF in the fourth quarter worth about $4,645,000. Mutual Advisors LLC increased its holdings in shares of Invesco International BuyBack Achievers ETF by 8.1% in the fourth quarter. Mutual Advisors LLC now owns 4,869 shares of the company’s stock worth $271,000 after purchasing an additional 366 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of Invesco International BuyBack Achievers ETF by 4.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 53,994 shares of the company’s stock worth $3,001,000 after purchasing an additional 2,522 shares during the last quarter.

Invesco International BuyBack Achievers ETF Trading Down 0.5%

Shares of IPKW stock opened at $58.59 on Friday. Invesco International BuyBack Achievers ETF has a 12-month low of $46.90 and a 12-month high of $60.41. The stock’s 50-day moving average price is $57.41 and its 200-day moving average price is $56.61. The stock has a market capitalization of $530.24 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, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.5665 dividend. This represents a $2.27 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco International BuyBack Achievers ETF 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.