Envestnet Asset Management Inc. Cuts Stock Position in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Envestnet Asset Management Inc. trimmed its position in shares of Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 96.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,875 shares of the company’s stock after selling 276,243 shares during the quarter. Envestnet Asset Management Inc. owned about 0.43% of Invesco International BuyBack Achievers ETF worth $352,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IPKW. Raymond James Financial Inc. purchased a new stake in Invesco International BuyBack Achievers ETF during the fourth quarter valued at approximately $6,436,000. Private Advisor Group LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at $1,239,000. Financial Enhancement Group LLC lifted its holdings in shares of Invesco International BuyBack Achievers ETF by 34.5% during the 4th quarter. Financial Enhancement Group LLC now owns 69,655 shares of the company’s stock valued at $2,747,000 after purchasing an additional 17,869 shares during the last quarter. LPL Financial LLC boosted its position in shares of Invesco International BuyBack Achievers ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 137,509 shares of the company’s stock worth $5,460,000 after purchasing an additional 8,626 shares in the last quarter. Finally, Breakwater Capital Group purchased a new position in Invesco International BuyBack Achievers ETF during the 4th quarter worth $237,000.

Invesco International BuyBack Achievers ETF Stock Performance

Invesco International BuyBack Achievers ETF stock opened at $46.07 on Tuesday. The stock has a market cap of $165.85 million, a PE ratio of 10.33 and a beta of 0.93. The stock has a 50-day moving average of $44.56 and a two-hundred day moving average of $42.56. Invesco International BuyBack Achievers ETF has a one year low of $37.96 and a one year high of $47.90.

Invesco International BuyBack Achievers ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.4852 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.