Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sets New 52-Week High – Time to Buy?

Invesco International BuyBack Achievers ETF (NASDAQ:IPKWGet Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $60.61 and last traded at $60.60, with a volume of 5426 shares. The stock had previously closed at $59.68.

Invesco International BuyBack Achievers ETF Price Performance

The firm has a market cap of $553.28 million, a PE ratio of 10.59 and a beta of 0.63. The business’s fifty day moving average is $57.98 and its 200-day moving average is $57.83.

Invesco International BuyBack Achievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4504 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.80 annualized dividend and a dividend yield of 3.0%.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of 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 valued at $39,146,000 after buying an additional 108,140 shares during the period. LPL Financial LLC raised its stake in Invesco International BuyBack Achievers ETF by 27.3% in the 4th quarter. LPL Financial LLC now owns 551,633 shares of the company’s stock valued at $30,656,000 after acquiring an additional 118,436 shares during the period. Raymond James Financial Inc. raised its stake in Invesco International BuyBack Achievers ETF by 17.4% in the 3rd quarter. Raymond James Financial Inc. now owns 491,439 shares of the company’s stock valued at $25,894,000 after acquiring an additional 72,891 shares during the period. Kellett Wealth Advisors LLC lifted its holdings in Invesco International BuyBack Achievers ETF by 33.6% during the first quarter. Kellett Wealth Advisors LLC now owns 328,741 shares of the company’s stock valued at $18,496,000 after purchasing an additional 82,639 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in Invesco International BuyBack Achievers ETF by 7.6% during the first quarter. Arkadios Wealth Advisors now owns 171,141 shares of the company’s stock valued at $9,629,000 after purchasing an additional 12,108 shares during the last quarter.

About Invesco International BuyBack Achievers ETF

(Get Free Report)

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.

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