Invesco International Dividend Achievers ETF (NASDAQ:PID) Shares Down 0.7% – Here’s What Happened

Invesco International Dividend Achievers ETF (NASDAQ:PID)’s stock price traded down 0.7% on Monday . The company traded as low as $22.83 and last traded at $22.84. 67,125 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 86,996 shares. The stock had previously closed at $23.01.

Invesco International Dividend Achievers ETF Price Performance

The business’s fifty day moving average is $22.77 and its 200-day moving average is $22.84. The firm has a market cap of $910.57 million, a PE ratio of 15.28 and a beta of 0.70.

Invesco International Dividend Achievers ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.3129 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

A number of hedge funds have recently modified their holdings of the stock. Community Financial Services Group LLC purchased a new position in Invesco International Dividend Achievers ETF in the second quarter valued at approximately $67,000. Focus Financial Network Inc. raised its stake in shares of Invesco International Dividend Achievers ETF by 0.9% in the second quarter. Focus Financial Network Inc. now owns 185,656 shares of the company’s stock valued at $4,122,000 after buying an additional 1,679 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Invesco International Dividend Achievers ETF by 4.1% during the 1st quarter. Arkadios Wealth Advisors now owns 24,625 shares of the company’s stock valued at $548,000 after buying an additional 963 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Invesco International Dividend Achievers ETF by 68.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,290 shares of the company’s stock valued at $184,000 after buying an additional 3,371 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Invesco International Dividend Achievers ETF during the 1st quarter worth $367,000. 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.