Brookstone Capital Management Has $3.61 Million Position in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW)

Brookstone Capital Management raised its position in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) by 6.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,937 shares of the company’s stock after acquiring an additional 5,269 shares during the quarter. Brookstone Capital Management owned approximately 5.20% of Invesco International BuyBack Achievers ETF worth $3,613,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IPKW. Envestnet Portfolio Solutions Inc. acquired a new stake in Invesco International BuyBack Achievers ETF in the third quarter valued at $275,000. Financial Enhancement Group LLC lifted its stake in shares of Invesco International BuyBack Achievers ETF by 11.4% during the 4th quarter. Financial Enhancement Group LLC now owns 61,224 shares of the company’s stock worth $2,194,000 after buying an additional 6,246 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invesco International BuyBack Achievers ETF by 15.4% during the 3rd quarter. LPL Financial LLC now owns 122,772 shares of the company’s stock worth $4,304,000 after buying an additional 16,400 shares during the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter worth about $14,097,000.

Invesco International BuyBack Achievers ETF Stock Performance

NASDAQ IPKW opened at $39.81 on Friday. The firm has a 50-day moving average of $40.40 and a 200-day moving average of $38.67. The stock has a market cap of $93.54 million, a PE ratio of 10.12 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a 52-week low of $33.19 and a 52-week high of $41.70.

Invesco International BuyBack Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be paid a dividend of $0.3844 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Monday, June 24th. This is a boost from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.37.

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.