Invesco International Dividend Achievers ETF (NASDAQ:PID) Stock Price Down 0.7% – Here’s What Happened

Invesco International Dividend Achievers ETF (NASDAQ:PIDGet Free Report) shares were down 0.7% on Monday . The company traded as low as $22.83 and last traded at $22.84. Approximately 67,125 shares changed hands during trading, a decline of 23% from the average session volume of 86,996 shares. The stock had previously closed at $23.01.

Invesco International Dividend Achievers ETF Trading Down 0.7%

The stock has a market capitalization of $910.17 million, a price-to-earnings ratio of 15.28 and a beta of 0.70. The firm’s fifty day moving average price is $22.78 and its 200 day moving average price is $22.84.

Invesco International Dividend Achievers ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.3129 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.25 dividend on an annualized basis and a yield of 5.5%.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in Invesco International Dividend Achievers ETF during the 4th quarter worth about $31,000. Evelyn Partners Asset Management Ltd acquired a new position in Invesco International Dividend Achievers ETF in the 4th quarter valued at about $31,000. Camelot Portfolios LLC acquired a new position in Invesco International Dividend Achievers ETF in the 4th quarter valued at about $33,000. Russell Investments Group Ltd. purchased a new stake in Invesco International Dividend Achievers ETF during the fourth quarter worth about $43,000. Finally, Advisory Services Network LLC purchased a new stake in Invesco International Dividend Achievers ETF during the third quarter worth about $58,000. Hedge funds and other institutional investors own 46.28% of the company’s stock.

About Invesco International Dividend Achievers ETF

(Get Free Report)

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.

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