(IPKW) Invesco International - Ratings and Ratios

The Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) is designed to track the performance of foreign companies that have repurchased significant portions of their own shares. The fund invests at least 90% of its assets in securities from the Nasdaq International BuyBack Achievers Index, which is maintained by Nasdaq, Inc. This index uses a proprietary methodology to identify companies with substantial share buyback activity, focusing on firms that have demonstrated a commitment to returning capital to shareholders. The ETF is classified as non-diversified, meaning it can concentrate its holdings in a smaller number of securities, potentially increasing its exposure to sector-specific risks or opportunities. The fund is listed on the NASDAQ exchange and falls under the Foreign Large Value category, targeting investors seeking value-oriented exposure to international markets.

Over the next three months, the Invesco International BuyBack Achievers ETF is expected to show moderate movement, influenced by its current technical and fundamental profile. The ETFs last price of $45.44 is trading above its 20-day SMA of $44.32 and 50-day SMA of $41.94, signaling short-term upward momentum. However, its 200-day SMA of $40.85 indicates longer-term strength. The average true range (ATR) of 0.52 suggests relatively low volatility, which could translate to stable price action. With an AUM of $119.63M, the fund maintains a moderate size, balancing liquidity with focused exposure to international buyback achievers. Average daily volume of 76,694 shares suggests sufficient liquidity for most investors. Overall, the ETF is expected to maintain its current trajectory, with potential for gradual upside driven by its underlying index constituents buyback activities and broader market conditions.