Invesco International BuyBack Achievers ETF $IPKW is Kellett Wealth Advisors LLC’s 3rd Largest Position

Kellett Wealth Advisors LLC lifted its stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 202.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 233,060 shares of the company’s stock after purchasing an additional 155,976 shares during the quarter. Invesco International BuyBack Achievers ETF accounts for 7.4% of Kellett Wealth Advisors LLC’s portfolio, making the stock its 3rd largest position. Kellett Wealth Advisors LLC owned about 4.09% of Invesco International BuyBack Achievers ETF worth $11,338,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IPKW. Envestnet Asset Management Inc. lifted its position in shares of Invesco International BuyBack Achievers ETF by 4,480.3% in the first quarter. Envestnet Asset Management Inc. now owns 406,501 shares of the company’s stock worth $18,561,000 after purchasing an additional 397,626 shares in the last quarter. Park Edge Advisors LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the second quarter worth approximately $7,396,000. LPL Financial LLC lifted its position in shares of Invesco International BuyBack Achievers ETF by 109.9% in the first quarter. LPL Financial LLC now owns 288,679 shares of the company’s stock worth $13,181,000 after purchasing an additional 151,170 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the second quarter worth approximately $7,301,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the first quarter worth approximately $5,964,000.

Invesco International BuyBack Achievers ETF Stock Performance

Shares of IPKW opened at $51.56 on Tuesday. The firm has a market cap of $376.39 million, a PE ratio of 10.59 and a beta of 0.93. The firm’s 50 day moving average price is $52.14 and its 200 day moving average price is $48.71. Invesco International BuyBack Achievers ETF has a twelve month low of $38.02 and a twelve month high of $53.44.

Invesco International BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.2922 per share. This represents a $1.17 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, September 22nd.

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.