Flow Traders U.S. LLC Trims Stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Flow Traders U.S. LLC trimmed its stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 54.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,347 shares of the company’s stock after selling 22,699 shares during the period. Flow Traders U.S. LLC’s holdings in Invesco International BuyBack Achievers ETF were worth $829,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Park Edge Advisors LLC boosted its holdings in Invesco International BuyBack Achievers ETF by 88.9% in the 3rd quarter. Park Edge Advisors LLC now owns 80,925 shares of the company’s stock worth $3,466,000 after buying an additional 38,086 shares during the period. Stratos Wealth Advisors LLC boosted its holdings in Invesco International BuyBack Achievers ETF by 16.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 36,508 shares of the company’s stock worth $1,564,000 after buying an additional 5,171 shares during the period. Brookstone Capital Management boosted its holdings in Invesco International BuyBack Achievers ETF by 3.6% in the 3rd quarter. Brookstone Capital Management now owns 105,999 shares of the company’s stock worth $4,540,000 after buying an additional 3,639 shares during the period. Cetera Investment Advisers bought a new position in Invesco International BuyBack Achievers ETF in the 2nd quarter worth $2,350,000. Finally, Envestnet Asset Management Inc. bought a new position in Invesco International BuyBack Achievers ETF in the 2nd quarter worth $12,008,000.

Invesco International BuyBack Achievers ETF Stock Up 1.0 %

IPKW opened at $41.42 on Wednesday. The firm has a 50-day simple moving average of $41.79 and a two-hundred day simple moving average of $41.29. Invesco International BuyBack Achievers ETF has a 52 week low of $35.69 and a 52 week high of $43.17. The company has a market capitalization of $93.20 million, a PE ratio of 10.12 and a beta of 0.93.

Invesco International BuyBack Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.363 per share. This represents a $1.45 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend was Monday, September 23rd.

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.