Stratos Wealth Advisors LLC Buys 5,171 Shares of Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Stratos Wealth Advisors LLC raised its stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 16.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 36,508 shares of the company’s stock after buying an additional 5,171 shares during the period. Stratos Wealth Advisors LLC’s holdings in Invesco International BuyBack Achievers ETF were worth $1,564,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Insight Advisors LLC PA grew its position in shares of Invesco International BuyBack Achievers ETF by 5.7% during the 1st quarter. Insight Advisors LLC PA now owns 7,159 shares of the company’s stock worth $284,000 after buying an additional 383 shares in the last quarter. Essex Financial Services Inc. purchased a new position in Invesco International BuyBack Achievers ETF during the 2nd quarter valued at about $332,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Invesco International BuyBack Achievers ETF in the 2nd quarter valued at about $377,000. Park Edge Advisors LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the 1st quarter worth approximately $1,466,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the 2nd quarter worth approximately $2,350,000.

Invesco International BuyBack Achievers ETF Stock Up 0.4 %

Shares of IPKW stock opened at $42.52 on Monday. The firm has a market cap of $95.67 million, a price-to-earnings ratio of 10.12 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a 52-week low of $33.19 and a 52-week high of $43.17. The company’s 50 day moving average is $42.00 and its 200 day moving average is $40.96.

Invesco International BuyBack Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.363 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.45 dividend on an annualized basis and a dividend yield of 3.41%.

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.