Envestnet Asset Management Inc. Has $18.56 Million Holdings in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Envestnet Asset Management Inc. raised its holdings in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 4,480.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 406,501 shares of the company’s stock after acquiring an additional 397,626 shares during the period. Envestnet Asset Management Inc. owned about 11.29% of Invesco International BuyBack Achievers ETF worth $18,561,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of IPKW. Brookstone Capital Management lifted its holdings in shares of Invesco International BuyBack Achievers ETF by 4.2% in the first quarter. Brookstone Capital Management now owns 113,912 shares of the company’s stock valued at $5,201,000 after purchasing an additional 4,547 shares in the last quarter. Perissos Private Wealth Management LLC acquired a new position in Invesco International BuyBack Achievers ETF in the 1st quarter valued at $4,275,000. Valley National Advisers Inc. acquired a new stake in shares of Invesco International BuyBack Achievers ETF in the 1st quarter valued at $126,000. Vista Investment Partners II LLC acquired a new stake in shares of Invesco International BuyBack Achievers ETF in the 1st quarter valued at $583,000. Finally, Kellett Wealth Advisors LLC boosted its holdings in shares of Invesco International BuyBack Achievers ETF by 3.4% in the 1st quarter. Kellett Wealth Advisors LLC now owns 77,084 shares of the company’s stock valued at $3,520,000 after purchasing an additional 2,530 shares in the last quarter.

Invesco International BuyBack Achievers ETF Stock Up 0.3%

NASDAQ IPKW opened at $48.99 on Thursday. The company has a market cap of $279.24 million, a price-to-earnings ratio of 10.59 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a twelve month low of $37.96 and a twelve month high of $49.39. The business’s fifty day moving average is $48.13 and its 200 day moving average is $45.04.

Invesco International BuyBack Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were given a $0.457 dividend. The ex-dividend date was Monday, June 23rd. This is a positive change from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.36. This represents a $1.83 annualized dividend and a dividend yield of 3.73%.

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.