Morton Capital Management LLC CA Sells 5,870 Shares of Invesco International Dividend Achievers ETF $PID

Morton Capital Management LLC CA lowered its position in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 256,253 shares of the company’s stock after selling 5,870 shares during the period. Invesco International Dividend Achievers ETF accounts for about 0.9% of Morton Capital Management LLC CA’s holdings, making the stock its 13th biggest position. Morton Capital Management LLC CA owned approximately 0.62% of Invesco International Dividend Achievers ETF worth $5,253,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in shares of Invesco International Dividend Achievers ETF in the second quarter valued at approximately $29,000. GAMMA Investing LLC bought a new position in shares of Invesco International Dividend Achievers ETF in the first quarter valued at approximately $34,000. US Bancorp DE bought a new position in shares of Invesco International Dividend Achievers ETF in the first quarter valued at approximately $51,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco International Dividend Achievers ETF in the second quarter valued at approximately $201,000. Finally, Signature Estate & Investment Advisors LLC bought a new position in shares of Invesco International Dividend Achievers ETF in the first quarter valued at approximately $192,000. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Down 0.4%

PID stock opened at $21.42 on Wednesday. Invesco International Dividend Achievers ETF has a twelve month low of $17.31 and a twelve month high of $21.61. The stock’s 50 day moving average is $21.17 and its 200-day moving average is $20.37. The firm has a market capitalization of $873.29 million, a PE ratio of 15.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a $0.1721 dividend. This represents a $0.69 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, September 22nd.

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.