Principle Wealth Partners LLC Grows Stake in Invesco International BuyBack Achievers ETF $IPKW

Principle Wealth Partners LLC lifted its position in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 198.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,137 shares of the company’s stock after buying an additional 37,330 shares during the period. Principle Wealth Partners LLC owned approximately 0.64% of Invesco International BuyBack Achievers ETF worth $3,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Trust Co. of Vermont purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 4th quarter worth $28,000. Allworth Financial LP purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $28,000. Triumph Capital Management purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $80,000. Root Financial Partners LLC purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $102,000. Finally, Cyndeo Wealth Partners LLC purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 4th quarter worth $202,000.

Invesco International BuyBack Achievers ETF Price Performance

IPKW stock opened at $58.59 on Friday. The company has a market cap of $530.24 million, a P/E ratio of 10.59 and a beta of 0.64. Invesco International BuyBack Achievers ETF has a 1 year low of $46.90 and a 1 year high of $60.41. The stock’s fifty day moving average price is $57.41 and its 200-day moving average price is $56.61.

Invesco International BuyBack Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.5665 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.27 annualized dividend and a yield of 3.9%.

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.