Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Hits New 1-Year High – Here’s What Happened

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) shares reached a new 52-week high on Thursday . The company traded as high as $60.61 and last traded at $60.60, with a volume of 5426 shares changing hands. The stock had previously closed at $59.68.

Invesco International BuyBack Achievers ETF Price Performance

The firm has a market capitalization of $550.46 million, a PE ratio of 10.59 and a beta of 0.63. The firm’s fifty day moving average is $58.06 and its two-hundred day moving average is $57.88.

Invesco International BuyBack Achievers ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.4504 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 annualized dividend and a dividend yield of 3.0%.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Insight Wealth Strategies LLC grew its holdings in shares of Invesco International BuyBack Achievers ETF by 3.4% in the second quarter. Insight Wealth Strategies LLC now owns 6,452 shares of the company’s stock valued at $364,000 after acquiring an additional 215 shares in the last quarter. Breakwater Capital Group boosted its position in Invesco International BuyBack Achievers ETF by 5.4% in the second quarter. Breakwater Capital Group now owns 148,995 shares of the company’s stock worth $8,393,000 after purchasing an additional 7,586 shares during the last quarter. Bank of America Corp DE boosted its position in Invesco International BuyBack Achievers ETF by 18.4% in the first quarter. Bank of America Corp DE now owns 695,777 shares of the company’s stock worth $39,146,000 after purchasing an additional 108,140 shares during the last quarter. Arkadios Wealth Advisors boosted its position 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 worth $9,629,000 after purchasing an additional 12,108 shares during the last quarter. Finally, Gateway Wealth Partners LLC grew its stake in Invesco International BuyBack Achievers ETF by 210.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 66,868 shares of the company’s stock valued at $3,762,000 after purchasing an additional 45,336 shares during the period.

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.