Kellett Wealth Advisors LLC Trims Stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Kellett Wealth Advisors LLC lessened its stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,554 shares of the company’s stock after selling 2,923 shares during the period. Invesco International BuyBack Achievers ETF comprises approximately 2.0% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Kellett Wealth Advisors LLC’s holdings in Invesco International BuyBack Achievers ETF were worth $2,961,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter worth about $212,000. Brookstone Capital Management boosted its position in Invesco International BuyBack Achievers ETF by 3.2% during the fourth quarter. Brookstone Capital Management now owns 109,365 shares of the company’s stock worth $4,343,000 after purchasing an additional 3,366 shares in the last quarter. Breakwater Capital Group purchased a new position in Invesco International BuyBack Achievers ETF during the fourth quarter worth approximately $237,000. Financial Enhancement Group LLC grew its holdings in Invesco International BuyBack Achievers ETF by 34.5% in the fourth 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 period. Finally, Synergy Asset Management LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the fourth quarter valued at approximately $40,000.

Invesco International BuyBack Achievers ETF Price Performance

Shares of IPKW stock opened at $45.30 on Wednesday. Invesco International BuyBack Achievers ETF has a 1-year low of $37.62 and a 1-year high of $45.42. The company has a market cap of $92.87 million, a price-to-earnings ratio of 12.04 and a beta of 0.93. The stock has a 50 day simple moving average of $41.52 and a 200-day simple moving average of $41.64.

Invesco International BuyBack Achievers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.5183 per share. The ex-dividend date was Monday, December 23rd.

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.