Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Update

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totalling 1,600 shares, a drop of 11.1% from the June 15th total of 1,800 shares. Based on an average daily volume of 27,600 shares, the days-to-cover ratio is presently 0.1 days.

Invesco International BuyBack Achievers ETF Stock Performance

Invesco International BuyBack Achievers ETF stock traded down $0.08 during midday trading on Wednesday, reaching $41.60. 2,123 shares of the company were exchanged, compared to its average volume of 16,813. The company has a market capitalization of $91.52 million, a price-to-earnings ratio of 10.12 and a beta of 0.93. The firm’s 50-day simple moving average is $40.78 and its 200-day simple moving average is $39.08. Invesco International BuyBack Achievers ETF has a 1 year low of $33.19 and a 1 year high of $41.83.

Invesco International BuyBack Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.3844 dividend. This is a boost from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.54 annualized dividend and a yield of 3.70%.

Institutional Trading of Invesco International BuyBack Achievers ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IPKW. Brookstone Capital Management grew its holdings in Invesco International BuyBack Achievers ETF by 3.2% in the 4th quarter. Brookstone Capital Management now owns 85,668 shares of the company’s stock valued at $3,206,000 after buying an additional 2,617 shares during the period. Financial Enhancement Group LLC grew its holdings in Invesco International BuyBack Achievers ETF by 11.4% in the 4th quarter. Financial Enhancement Group LLC now owns 61,224 shares of the company’s stock valued at $2,194,000 after buying an additional 6,246 shares during the period. Park Edge Advisors LLC purchased a new stake in Invesco International BuyBack Achievers ETF in the 1st quarter valued at about $1,466,000. Insight Advisors LLC PA grew its holdings in Invesco International BuyBack Achievers ETF by 5.7% in the 1st quarter. Insight Advisors LLC PA now owns 7,159 shares of the company’s stock valued at $284,000 after buying an additional 383 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Invesco International BuyBack Achievers ETF in the 2nd quarter valued at about $377,000.

Invesco International BuyBack Achievers ETF Company 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.