Park Edge Advisors LLC Purchases New Shares in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Park Edge Advisors LLC purchased a new stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 36,897 shares of the company’s stock, valued at approximately $1,466,000.

A number of other institutional investors have also recently added to or reduced their stakes in IPKW. Financial Enhancement Group LLC boosted its stake in Invesco International BuyBack Achievers ETF by 11.4% during the 4th quarter. Financial Enhancement Group LLC now owns 61,224 shares of the company’s stock worth $2,194,000 after purchasing an additional 6,246 shares during the last quarter. Brookstone Capital Management raised its holdings in shares of Invesco International BuyBack Achievers ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 85,668 shares of the company’s stock worth $3,206,000 after acquiring an additional 2,617 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of Invesco International BuyBack Achievers ETF by 15.4% during the 3rd quarter. LPL Financial LLC now owns 122,772 shares of the company’s stock worth $4,304,000 after acquiring an additional 16,400 shares during the period.

Invesco International BuyBack Achievers ETF Stock Performance

Shares of NASDAQ IPKW traded up $0.63 during trading on Thursday, hitting $40.95. 6,684 shares of the company were exchanged, compared to its average volume of 17,617. Invesco International BuyBack Achievers ETF has a 12-month low of $33.19 and a 12-month high of $41.70. The company has a fifty day moving average price of $40.51 and a 200-day moving average price of $38.81. The firm has a market capitalization of $96.23 million, a PE ratio of 10.12 and a beta of 0.93.

Invesco International BuyBack Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.3844 dividend. This is a positive change from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.37. This represents a $1.54 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was Monday, June 24th.

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.