Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Unusually-High Trading Volume – What’s Next?

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw an uptick in trading volume on Wednesday . 322,494 shares changed hands during trading, an increase of 252% from the previous session’s volume of 91,566 shares.The stock last traded at $22.64 and had previously closed at $22.65.

Invesco International Dividend Achievers ETF Stock Performance

The company has a 50 day simple moving average of $22.80 and a 200 day simple moving average of $22.27. The company has a market capitalization of $896.09 million, a PE ratio of 15.28 and a beta of 0.74.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.1976 per share. This is an increase from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 23rd. This represents a $0.79 annualized dividend and a yield of 3.5%.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Large investors have recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $31,000. Evelyn Partners Asset Management Ltd purchased a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $31,000. Camelot Portfolios LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $33,000. Russell Investments Group Ltd. purchased a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $43,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF in the third quarter valued at approximately $58,000. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Company Profile

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.