Invesco International BuyBack Achievers ETF $IPKW Stock Purchased by Breakwater Capital Group

Breakwater Capital Group increased its holdings in shares of Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 7.4% during the third quarter, Holdings Channel.com reports. The firm owned 160,008 shares of the company’s stock after buying an additional 11,013 shares during the period. Invesco International BuyBack Achievers ETF makes up 1.1% of Breakwater Capital Group’s holdings, making the stock its 20th biggest holding. Breakwater Capital Group’s holdings in Invesco International BuyBack Achievers ETF were worth $9,490,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in Invesco International BuyBack Achievers ETF by 18.4% in the first quarter. Bank of America Corp DE now owns 695,777 shares of the company’s stock worth $39,146,000 after buying an additional 108,140 shares in the last quarter. Kellett Wealth Advisors LLC increased its holdings in shares of Invesco International BuyBack Achievers ETF by 33.6% in the 1st quarter. Kellett Wealth Advisors LLC now owns 328,741 shares of the company’s stock valued at $18,496,000 after acquiring an additional 82,639 shares during the period. Financial Enhancement Group LLC purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter valued at $3,917,000. Gateway Wealth Partners LLC raised its position in shares of Invesco International BuyBack Achievers ETF by 210.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 66,868 shares of the company’s stock worth $3,762,000 after acquiring an additional 45,336 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Invesco International BuyBack Achievers ETF by 55.1% in the 1st quarter. Private Advisor Group LLC now owns 101,891 shares of the company’s stock worth $5,733,000 after acquiring an additional 36,213 shares in the last quarter.

Invesco International BuyBack Achievers ETF Price Performance

Shares of IPKW stock opened at $58.56 on Friday. The stock’s 50-day moving average is $60.68 and its 200 day moving average is $58.84. Invesco International BuyBack Achievers ETF has a 1-year low of $50.96 and a 1-year high of $62.17. The company has a market cap of $538.75 million, a P/E ratio of 10.59 and a beta of 0.64.

Invesco International BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.2494 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, September 21st. This is a decrease from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.4503.

About Invesco International BuyBack Achievers ETF

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.