Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Large Volume Increase

Invesco International Dividend Achievers ETF (NASDAQ:PID) shares saw strong trading volume on Monday . 343,109 shares changed hands during mid-day trading, an increase of 108% from the previous session’s volume of 164,601 shares.The stock last traded at $17.67 and had previously closed at $17.74.

Invesco International Dividend Achievers ETF Stock Performance

The company has a market cap of $874.27 million, a price-to-earnings ratio of 18.34 and a beta of 0.94. The business’s 50 day moving average price is $18.22 and its 200-day moving average price is $17.74.

Invesco International Dividend Achievers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.1753 per share. This represents a $0.70 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date was Monday, March 18th.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc boosted its stake in Invesco International Dividend Achievers ETF by 13.4% during the 4th quarter. AdvisorNet Financial Inc now owns 60,718 shares of the company’s stock worth $1,121,000 after acquiring an additional 7,183 shares during the last quarter. WealthShield Partners LLC boosted its stake in Invesco International Dividend Achievers ETF by 1.8% during the 4th quarter. WealthShield Partners LLC now owns 35,988 shares of the company’s stock worth $664,000 after acquiring an additional 649 shares during the last quarter. Sigma Planning Corp boosted its stake in Invesco International Dividend Achievers ETF by 34.0% during the 3rd quarter. Sigma Planning Corp now owns 24,803 shares of the company’s stock worth $414,000 after acquiring an additional 6,287 shares during the last quarter. Global Retirement Partners LLC boosted its stake in Invesco International Dividend Achievers ETF by 57.9% during the 4th quarter. Global Retirement Partners LLC now owns 2,190 shares of the company’s stock worth $40,000 after acquiring an additional 803 shares during the last quarter. Finally, Bison Wealth LLC boosted its stake in Invesco International Dividend Achievers ETF by 20.0% during the 4th quarter. Bison Wealth LLC now owns 143,375 shares of the company’s stock worth $2,646,000 after acquiring an additional 23,928 shares during the last quarter. Institutional investors own 46.28% of the company’s stock.

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.