Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Update

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 77,900 shares, a growth of 38,850.0% from the March 31st total of 200 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 3.8 days.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

A number of institutional investors have recently modified their holdings of IPKW. Financial Enhancement Group LLC boosted its position in Invesco International BuyBack Achievers ETF by 1.8% during the first quarter. Financial Enhancement Group LLC now owns 62,320 shares of the company’s stock worth $2,445,000 after purchasing an additional 1,096 shares in the last quarter. Brookstone Capital Management raised its stake in Invesco International BuyBack Achievers ETF by 3.2% in the fourth quarter. Brookstone Capital Management now owns 85,668 shares of the company’s stock valued at $3,206,000 after buying an additional 2,617 shares in the last quarter. ProVise Management Group LLC acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the third quarter worth about $204,000. Park Avenue Securities LLC acquired a new position in Invesco International BuyBack Achievers ETF in the 3rd quarter valued at about $255,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Invesco International BuyBack Achievers ETF in the 3rd quarter valued at approximately $275,000.

Invesco International BuyBack Achievers ETF Trading Down 0.7 %

Shares of IPKW traded down $0.26 during trading hours on Thursday, reaching $39.31. The stock had a trading volume of 5,750 shares, compared to its average volume of 17,303. Invesco International BuyBack Achievers ETF has a 12 month low of $32.79 and a 12 month high of $40.64. The company has a market capitalization of $90.41 million, a price-to-earnings ratio of 9.86 and a beta of 0.80. The firm has a 50-day simple moving average of $38.86 and a 200 day simple moving average of $36.92.

Invesco International BuyBack Achievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.3724 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 3.79%.

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.