Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Shares Down 1.2%

Shares of Invesco International BuyBack Achievers ETF (NASDAQ:IPKW – Get Rating) dropped 1.2% during trading on Wednesday . The company traded as low as $33.22 and last traded at $33.29. Approximately 3,775 shares traded hands during trading, a decline of 73% from the average daily volume of 13,930 shares. The stock had previously closed at $33.71.

Invesco International BuyBack Achievers ETF Stock Performance

The company has a market capitalization of $79.92 million, a PE ratio of 9.19 and a beta of 0.93. The stock’s 50 day moving average is $34.14 and its 200 day moving average is $34.37.

Invesco International BuyBack Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 24th. Investors of record on Tuesday, March 21st were paid a dividend of $0.41 per share. This is a boost from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.09. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date was Monday, March 20th.

Institutional Trading of Invesco International BuyBack Achievers ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC lifted its stake in Invesco International BuyBack Achievers ETF by 7.0% in the 1st quarter. LPL Financial LLC now owns 467,505 shares of the company’s stock worth $15,937,000 after purchasing an additional 30,521 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Invesco International BuyBack Achievers ETF by 14.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 437,120 shares of the company’s stock worth $14,626,000 after purchasing an additional 54,517 shares during the period. Jane Street Group LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the 1st quarter worth about $4,954,000. Brookstone Capital Management lifted its position in shares of Invesco International BuyBack Achievers ETF by 4.1% in the 4th quarter. Brookstone Capital Management now owns 76,241 shares of the company’s stock worth $2,612,000 after purchasing an additional 3,005 shares during the period. Finally, Bank of America Corp DE lifted its position in Invesco International BuyBack Achievers ETF by 9.6% during the 1st quarter. Bank of America Corp DE now owns 57,221 shares of the company’s stock valued at $2,190,000 after acquiring an additional 5,015 shares during the period.

Invesco International BuyBack Achievers ETF Company Profile

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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.