Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Unusually-High Trading Volume – Should You Buy?

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw unusually-strong trading volume on Tuesday . Approximately 115,763 shares traded hands during mid-day trading, a decline of 0% from the previous session’s volume of 115,945 shares.The stock last traded at $19.00 and had previously closed at $18.80.

Invesco International Dividend Achievers ETF Stock Performance

The company has a market capitalization of $836 million, a PE ratio of 19.28 and a beta of 0.94. The business’s 50-day moving average is $18.75 and its 200-day moving average is $19.12.

Invesco International Dividend Achievers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0926 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new position in shares of Invesco International Dividend Achievers ETF in the fourth quarter worth $33,000. Balentine LLC bought a new position in Invesco International Dividend Achievers ETF during the 3rd quarter valued at about $48,000. Stonebridge Financial Group LLC bought a new stake in Invesco International Dividend Achievers ETF in the fourth quarter worth about $45,000. FMR LLC grew its stake in shares of Invesco International Dividend Achievers ETF by 50.7% during the third quarter. FMR LLC now owns 6,806 shares of the company’s stock valued at $135,000 after buying an additional 2,291 shares during the last quarter. Finally, Genesis Wealth Advisors LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter worth approximately $196,000. Institutional investors own 46.28% of the company’s stock.

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.