Invesco International Dividend Achievers ETF (NASDAQ:PID) Hits New 12-Month High – Here’s Why

Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) reached a new 52-week high on Friday . The stock traded as high as $19.95 and last traded at $19.86, with a volume of 7784 shares traded. The stock had previously closed at $19.87.

Invesco International Dividend Achievers ETF Stock Up 0.1 %

The stock has a fifty day moving average price of $19.53 and a two-hundred day moving average price of $18.72. The company has a market cap of $889.43 million, a price-to-earnings ratio of 19.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.213 dividend. This represents a $0.85 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend was Monday, September 23rd.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. TFG Advisers LLC grew its position in Invesco International Dividend Achievers ETF by 0.8% during the second quarter. TFG Advisers LLC now owns 76,853 shares of the company’s stock worth $1,377,000 after buying an additional 636 shares in the last quarter. Accel Wealth Management raised its holdings in Invesco International Dividend Achievers ETF by 1.0% in the 2nd quarter. Accel Wealth Management now owns 69,185 shares of the company’s stock valued at $1,240,000 after acquiring an additional 656 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Invesco International Dividend Achievers ETF by 0.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 191,134 shares of the company’s stock valued at $3,425,000 after acquiring an additional 1,076 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco International Dividend Achievers ETF by 8.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 15,140 shares of the company’s stock worth $271,000 after purchasing an additional 1,154 shares in the last quarter. Finally, Creative Planning grew its holdings in shares of Invesco International Dividend Achievers ETF by 1.1% during the 2nd quarter. Creative Planning now owns 115,963 shares of the company’s stock worth $2,078,000 after purchasing an additional 1,252 shares in the last quarter. 46.28% of the stock is currently owned by institutional investors and hedge funds.

About Invesco International Dividend Achievers ETF

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.