Principle Wealth Partners LLC Sells 770 Shares of Invesco International BuyBack Achievers ETF $IPKW

Principle Wealth Partners LLC decreased its position in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 4.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,072 shares of the company’s stock after selling 770 shares during the period. Principle Wealth Partners LLC’s holdings in Invesco International BuyBack Achievers ETF were worth $879,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in Invesco International BuyBack Achievers ETF in the 2nd quarter worth about $73,000. Valley National Advisers Inc. bought a new position in Invesco International BuyBack Achievers ETF during the 1st quarter valued at about $126,000. Jones Financial Companies Lllp lifted its stake in Invesco International BuyBack Achievers ETF by 21.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,823 shares of the company’s stock valued at $175,000 after acquiring an additional 670 shares during the period. Mainstay Capital Management LLC ADV bought a new position in Invesco International BuyBack Achievers ETF during the 1st quarter valued at about $204,000. Finally, USAdvisors Wealth Management LLC bought a new position in Invesco International BuyBack Achievers ETF during the 1st quarter valued at about $215,000.

Invesco International BuyBack Achievers ETF Stock Performance

IPKW opened at $52.10 on Friday. The stock has a market capitalization of $398.57 million, a P/E ratio of 10.59 and a beta of 0.93. The company’s 50-day simple moving average is $52.23 and its two-hundred day simple moving average is $49.09. Invesco International BuyBack Achievers ETF has a 52-week low of $38.02 and a 52-week high of $53.44.

Invesco International BuyBack Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.2922 per share. The ex-dividend date was Monday, September 22nd. This represents a $1.17 annualized dividend and a yield of 2.2%.

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.