Invesco International Dividend Achievers ETF (NASDAQ:PID) Reaches New 52-Week High at $19.92

Invesco International Dividend Achievers ETF (NASDAQ:PID) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $19.92 and last traded at $19.90, with a volume of 102503 shares changing hands. The stock had previously closed at $19.64.

Invesco International Dividend Achievers ETF Price Performance

The company has a 50-day simple moving average of $19.22 and a 200-day simple moving average of $18.58. The stock has a market cap of $912.96 million, a PE ratio of 19.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Monday, September 23rd will be paid a $0.213 dividend. This represents a $0.85 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date of this dividend is Monday, September 23rd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PID. Magnolia Capital Advisors LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF in the first quarter worth $339,000. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco International Dividend Achievers ETF by 0.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 180,609 shares of the company’s stock valued at $3,237,000 after buying an additional 1,383 shares during the last quarter. International Assets Investment Management LLC bought a new position in Invesco International Dividend Achievers ETF during the 2nd quarter worth approximately $38,000. Cahill Financial Advisors Inc. grew its position in shares of Invesco International Dividend Achievers ETF by 3.2% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 233,383 shares of the company’s stock worth $4,182,000 after acquiring an additional 7,221 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Invesco International Dividend Achievers ETF by 0.6% in 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 last quarter. 46.28% of the stock is currently owned by institutional investors and hedge funds.

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.