Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Hits New 12-Month High – What’s Next?

Shares of Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $61.25 and last traded at $61.15, with a volume of 53841 shares trading hands. The stock had previously closed at $60.60.

Invesco International BuyBack Achievers ETF Stock Up 0.9%

The stock has a market cap of $556.47 million, a PE ratio of 10.59 and a beta of 0.63. The business has a 50 day moving average price of $58.14 and a 200 day moving average price of $57.95.

Invesco International BuyBack Achievers ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.4504 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 2.9%.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Several hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its stake in shares of Invesco International BuyBack Achievers ETF by 21.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,823 shares of the company’s stock worth $175,000 after purchasing an additional 670 shares during the period. Jane Street Group LLC lifted its stake in shares of Invesco International BuyBack Achievers ETF by 148.8% in the 1st quarter. Jane Street Group LLC now owns 114,753 shares of the company’s stock valued at $5,240,000 after purchasing an additional 68,635 shares during the period. Raymond James Financial Inc. boosted its holdings in Invesco International BuyBack Achievers ETF by 93.4% during the second quarter. Raymond James Financial Inc. now owns 418,548 shares of the company’s stock worth $20,362,000 after buying an additional 202,083 shares in the last quarter. Vista Investment Management boosted its holdings in Invesco International BuyBack Achievers ETF by 12.3% during the second quarter. Vista Investment Management now owns 52,155 shares of the company’s stock worth $2,537,000 after buying an additional 5,721 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Invesco International BuyBack Achievers ETF by 113.0% during the second quarter. Bank of America Corp DE now owns 366,366 shares of the company’s stock valued at $17,824,000 after buying an additional 194,381 shares during the period.

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.