Invesco International Dividend Achievers ETF (NASDAQ:PID) Hits New 52-Week High at $19.91

Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) hit a new 52-week high during trading on Thursday . The company traded as high as $19.91 and last traded at $19.83, with a volume of 9626 shares traded. The stock had previously closed at $19.70.

Invesco International Dividend Achievers ETF Price Performance

The stock has a 50-day moving average of $19.16 and a 200 day moving average of $18.56. The stock has a market capitalization of $912.50 million, a price-to-earnings ratio of 19.28 and a beta of 0.94.

Institutional Trading of Invesco International Dividend Achievers ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Focus Financial Network Inc. ADV acquired a new position in shares of Invesco International Dividend Achievers ETF during the 4th quarter worth about $3,895,000. Sanctuary Advisors LLC acquired a new position in shares of Invesco International Dividend Achievers ETF during the 2nd quarter worth about $2,324,000. Cetera Investment Advisers grew its position in shares of Invesco International Dividend Achievers ETF by 151.1% during the 1st quarter. Cetera Investment Advisers now owns 142,158 shares of the company’s stock worth $2,636,000 after buying an additional 85,552 shares during the period. &PARTNERS acquired a new position in shares of Invesco International Dividend Achievers ETF during the 2nd quarter worth about $1,529,000. Finally, Susquehanna International Group LLP grew its position in shares of Invesco International Dividend Achievers ETF by 67.3% during the 2nd quarter. Susquehanna International Group LLP now owns 197,515 shares of the company’s stock worth $3,539,000 after buying an additional 79,456 shares during the period. 46.28% of the stock is currently owned by institutional investors and hedge funds.

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.