Breakwater Capital Group Boosts Stock Position in Invesco International BuyBack Achievers ETF $IPKW

Breakwater Capital Group lifted its stake in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 9.5% in the first quarter, Holdings Channel.com reports. The fund owned 141,409 shares of the company’s stock after purchasing an additional 12,246 shares during the period. Invesco International BuyBack Achievers ETF makes up approximately 1.1% of Breakwater Capital Group’s portfolio, making the stock its 21st biggest position. Breakwater Capital Group’s holdings in Invesco International BuyBack Achievers ETF were worth $7,956,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. lifted its holdings in Invesco International BuyBack Achievers ETF by 93.4% during the 2nd quarter. Raymond James Financial Inc. now owns 418,548 shares of the company’s stock worth $20,362,000 after purchasing an additional 202,083 shares in the last quarter. Bank of America Corp DE boosted its stake in Invesco International BuyBack Achievers ETF by 113.0% in the 2nd quarter. Bank of America Corp DE now owns 366,366 shares of the company’s stock worth $17,824,000 after purchasing an additional 194,381 shares during the period. LPL Financial LLC grew its holdings in Invesco International BuyBack Achievers ETF by 27.3% during the 4th quarter. LPL Financial LLC now owns 551,633 shares of the company’s stock valued at $30,656,000 after buying an additional 118,436 shares in the last quarter. Horizon Wealth Management LLC purchased a new position in Invesco International BuyBack Achievers ETF during the 4th quarter valued at about $4,645,000. Finally, Jane Street Group LLC increased its position in shares of Invesco International BuyBack Achievers ETF by 148.8% during the first quarter. Jane Street Group LLC now owns 114,753 shares of the company’s stock valued at $5,240,000 after buying an additional 68,635 shares during the period.

Invesco International BuyBack Achievers ETF Stock Down 0.9%

Shares of IPKW opened at $55.81 on Thursday. Invesco International BuyBack Achievers ETF has a twelve month low of $47.85 and a twelve month high of $60.41. The stock has a market cap of $505.08 million, a PE ratio of 10.59 and a beta of 0.63. The business’s 50-day moving average price is $58.17 and its 200-day moving average price is $57.37.

Invesco International BuyBack Achievers ETF Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a dividend of $0.4504 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Monday, June 22nd.

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.