Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sees Significant Decrease in Short Interest

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 10,284 shares, a drop of 97.8% from the July 30th total of 466,615 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 69,915 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Hedge funds have recently made changes to their positions in the business. Fortis Group Advisors LLC raised its stake in shares of Invesco International BuyBack Achievers ETF by 0.9% in the 4th quarter. Fortis Group Advisors LLC now owns 19,606 shares of the company’s stock valued at $1,145,000 after acquiring an additional 171 shares during the period. Insight Wealth Strategies LLC lifted its position in Invesco International BuyBack Achievers ETF by 3.4% during the 2nd quarter. Insight Wealth Strategies LLC now owns 6,452 shares of the company’s stock worth $364,000 after acquiring an additional 215 shares in the last quarter. Total Clarity Wealth Management Inc. boosted its holdings in Invesco International BuyBack Achievers ETF by 4.4% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 8,008 shares of the company’s stock worth $451,000 after acquiring an additional 339 shares during the period. Mutual Advisors LLC boosted its stake in shares of Invesco International BuyBack Achievers ETF by 8.1% in the fourth quarter. Mutual Advisors LLC now owns 4,869 shares of the company’s stock valued at $271,000 after purchasing an additional 366 shares during the period. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in Invesco International BuyBack Achievers ETF during the 4th quarter valued at $26,000.

Invesco International BuyBack Achievers ETF Stock Performance

Shares of IPKW opened at $60.60 on Thursday. The company has a market capitalization of $551.46 million, a price-to-earnings ratio of 10.59 and a beta of 0.63. The company’s 50 day simple moving average is $59.19 and its 200 day simple moving average is $58.34. Invesco International BuyBack Achievers ETF has a 1 year low of $50.96 and a 1 year high of $61.96.

Invesco International BuyBack Achievers ETF Dividend Announcement

The firm 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 was Monday, June 22nd. This represents a $1.80 annualized dividend and a yield of 3.0%.

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.