Invesco International Dividend Achievers ETF (NASDAQ:PID) Reaches New 52-Week High at $19.66

Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) reached a new 52-week high during trading on Thursday . The stock traded as high as $19.66 and last traded at $19.60, with a volume of 30329 shares. The stock had previously closed at $19.51.

Invesco International Dividend Achievers ETF Stock Performance

The company has a market cap of $907.45 million, a P/E ratio of 19.28 and a beta of 0.94. The business’s fifty day moving average is $19.01 and its two-hundred day moving average is $18.50.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.229 per share. This represents a $0.92 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Monday, June 24th. This is an increase from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.18.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its position in Invesco International Dividend Achievers ETF by 2.0% during the 1st quarter. Kestra Advisory Services LLC now owns 872,374 shares of the company’s stock valued at $16,174,000 after acquiring an additional 17,395 shares in the last quarter. Strategic Wealth Partners Ltd. boosted its holdings in shares of Invesco International Dividend Achievers ETF by 8.4% in the 1st quarter. Strategic Wealth Partners Ltd. now owns 861,462 shares of the company’s stock valued at $15,972,000 after buying an additional 66,630 shares in the last quarter. Silver Lake Advisory LLC grew its position in shares of Invesco International Dividend Achievers ETF by 2.7% in the 2nd quarter. Silver Lake Advisory LLC now owns 379,002 shares of the company’s stock worth $6,792,000 after buying an additional 9,999 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of Invesco International Dividend Achievers ETF by 5.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 363,310 shares of the company’s stock worth $6,511,000 after acquiring an additional 18,193 shares in the last quarter. Finally, Cahill Financial Advisors Inc. raised its stake in shares of Invesco International Dividend Achievers ETF by 3.2% during 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. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

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.