Principle Wealth Partners LLC Trims Holdings in Invesco International BuyBack Achievers ETF $IPKW

Principle Wealth Partners LLC cut its holdings in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,072 shares of the company’s stock after selling 770 shares during the quarter. Principle Wealth Partners LLC owned approximately 0.32% of Invesco International BuyBack Achievers ETF worth $879,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its position in shares of Invesco International BuyBack Achievers ETF by 4,480.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 406,501 shares of the company’s stock worth $18,561,000 after buying an additional 397,626 shares during the period. LPL Financial LLC grew its position in shares of Invesco International BuyBack Achievers ETF by 109.9% in the 1st quarter. LPL Financial LLC now owns 288,679 shares of the company’s stock worth $13,181,000 after buying an additional 151,170 shares during the period. Kellett Wealth Advisors LLC grew its position in shares of Invesco International BuyBack Achievers ETF by 202.3% in the 2nd quarter. Kellett Wealth Advisors LLC now owns 233,060 shares of the company’s stock worth $11,338,000 after buying an additional 155,976 shares during the period. Raymond James Financial Inc. grew its position in shares of Invesco International BuyBack Achievers ETF by 33.5% in the 1st quarter. Raymond James Financial Inc. now owns 216,465 shares of the company’s stock worth $9,884,000 after buying an additional 54,379 shares during the period. Finally, Park Edge Advisors LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the 2nd quarter worth about $7,396,000.

Invesco International BuyBack Achievers ETF Price Performance

Shares of Invesco International BuyBack Achievers ETF stock opened at $52.10 on Friday. The stock has a market cap of $398.57 million, a price-to-earnings ratio of 10.59 and a beta of 0.93. The firm’s 50-day moving average is $52.23 and its 200 day moving average is $49.09. Invesco International BuyBack Achievers ETF has a 1 year low of $38.02 and a 1 year high of $53.44.

Invesco International BuyBack Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.2922 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.17 dividend on an annualized basis and a yield of 2.2%.

Invesco International BuyBack Achievers ETF 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.