Focus Financial Network Inc. Has $4.45 Million Stake in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Focus Financial Network Inc. reduced its holdings in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 0.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 225,077 shares of the company’s stock after selling 1,570 shares during the quarter. Focus Financial Network Inc. owned 0.50% of Invesco International Dividend Achievers ETF worth $4,452,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of PID. Magnolia Capital Advisors LLC bought a new stake in shares of Invesco International Dividend Achievers ETF in the first quarter worth about $339,000. Kestra Advisory Services LLC increased its holdings in shares of Invesco International Dividend Achievers ETF by 2.0% in the first quarter. Kestra Advisory Services LLC now owns 872,374 shares of the company’s stock worth $16,174,000 after acquiring an additional 17,395 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of Invesco International Dividend Achievers ETF by 63.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 27,146 shares of the company’s stock worth $503,000 after acquiring an additional 10,511 shares in the last quarter. Investmark Advisory Group LLC bought a new stake in shares of Invesco International Dividend Achievers ETF in the first quarter worth about $185,000. Finally, Strategic Wealth Partners Ltd. increased its holdings in shares of Invesco International Dividend Achievers ETF by 8.4% in the first quarter. Strategic Wealth Partners Ltd. now owns 861,462 shares of the company’s stock worth $15,972,000 after acquiring an additional 66,630 shares in the last quarter. 46.28% of the stock is currently owned by institutional investors.

Invesco International Dividend Achievers ETF Stock Performance

NASDAQ:PID opened at $19.10 on Friday. The company has a market cap of $851.29 million, a PE ratio of 19.28 and a beta of 0.94. Invesco International Dividend Achievers ETF has a 52-week low of $15.98 and a 52-week high of $19.99. The stock has a 50-day simple moving average of $19.63 and a 200 day simple moving average of $18.81.

Invesco International Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.213 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.85 dividend on an annualized basis and a yield of 4.46%.

Invesco International Dividend Achievers ETF 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.