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

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 26,400 shares, a decline of 86.0% from the February 28th total of 189,100 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 53,100 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

Several institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in Invesco International BuyBack Achievers ETF during the 4th quarter valued at $6,436,000. LPL Financial LLC lifted its stake in shares of Invesco International BuyBack Achievers ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 137,509 shares of the company’s stock worth $5,460,000 after purchasing an additional 8,626 shares during the last quarter. 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 valued at $4,343,000 after purchasing an additional 3,366 shares in the last quarter. Bank of America Corp DE grew its stake in Invesco International BuyBack Achievers ETF by 66.4% in the fourth quarter. Bank of America Corp DE now owns 91,335 shares of the company’s stock valued at $3,627,000 after purchasing an additional 36,436 shares during the last quarter. Finally, Financial Enhancement Group LLC grew its stake 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 last quarter.

Invesco International BuyBack Achievers ETF Stock Performance

Invesco International BuyBack Achievers ETF stock traded down $0.28 during midday trading on Wednesday, hitting $46.25. 29,536 shares of the company’s stock were exchanged, compared to its average volume of 30,258. The company has a market cap of $94.81 million, a PE ratio of 11.33 and a beta of 0.93. The firm has a 50-day moving average of $44.22 and a two-hundred day moving average of $42.31. Invesco International BuyBack Achievers ETF has a 12 month low of $37.96 and a 12 month high of $47.75.

Invesco International BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.4852 per share. The ex-dividend date is Monday, March 24th.

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.