Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Strong Trading Volume – What’s Next?

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw unusually-strong trading volume on Tuesday . Approximately 439,366 shares traded hands during mid-day trading, an increase of 302% from the previous session’s volume of 109,321 shares.The stock last traded at $19.22 and had previously closed at $19.19.

Invesco International Dividend Achievers ETF Price Performance

The business’s 50 day moving average is $18.71 and its two-hundred day moving average is $19.15. The firm has a market capitalization of $848.32 million, a PE ratio of 19.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Dividend Announcement

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

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC raised its stake in Invesco International Dividend Achievers ETF by 0.3% in the fourth quarter. HighTower Advisors LLC now owns 189,412 shares of the company’s stock valued at $3,468,000 after purchasing an additional 563 shares in the last quarter. Drive Wealth Management LLC raised its stake in Invesco International Dividend Achievers ETF by 2.9% in the fourth quarter. Drive Wealth Management LLC now owns 29,926 shares of the company’s stock valued at $548,000 after purchasing an additional 844 shares in the last quarter. Townsquare Capital LLC raised its stake in Invesco International Dividend Achievers ETF by 2.9% in the fourth quarter. Townsquare Capital LLC now owns 29,926 shares of the company’s stock valued at $548,000 after purchasing an additional 844 shares in the last quarter. Captrust Financial Advisors raised its stake in Invesco International Dividend Achievers ETF by 8.8% in the third quarter. Captrust Financial Advisors now owns 12,079 shares of the company’s stock valued at $239,000 after purchasing an additional 981 shares in the last quarter. Finally, Accel Wealth Management raised its stake in shares of Invesco International Dividend Achievers ETF by 1.6% during the fourth quarter. Accel Wealth Management now owns 62,422 shares of the company’s stock worth $1,143,000 after acquiring an additional 1,003 shares in the last quarter. 46.28% of the stock is 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.