Raymond James Financial Inc. Purchases Shares of 310,993 Invesco International Dividend Achievers ETF (NASDAQ:PID)

Raymond James Financial Inc. acquired a new stake in Invesco International Dividend Achievers ETF (NASDAQ:PID) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 310,993 shares of the company’s stock, valued at approximately $5,694,000. Raymond James Financial Inc. owned approximately 0.71% of Invesco International Dividend Achievers ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in PID. Oakworth Capital Inc. bought a new stake in Invesco International Dividend Achievers ETF during the fourth quarter worth $33,000. Stonebridge Financial Group LLC bought a new position in shares of Invesco International Dividend Achievers ETF during the 4th quarter worth approximately $45,000. FMR LLC boosted its stake in shares of Invesco International Dividend Achievers ETF by 50.7% in the 3rd quarter. FMR LLC now owns 6,806 shares of the company’s stock worth $135,000 after buying an additional 2,291 shares during the last quarter. Genesis Wealth Advisors LLC bought a new position in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $196,000. Finally, Calton & Associates Inc. purchased a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter valued at approximately $209,000. 46.28% of the stock is currently owned by institutional investors and hedge funds.

Invesco International Dividend Achievers ETF Trading Down 0.3 %

PID stock opened at $19.21 on Tuesday. The stock has a market cap of $845.24 million, a P/E ratio of 19.00 and a beta of 0.94. The stock’s fifty day simple moving average is $19.03 and its two-hundred day simple moving average is $19.15. Invesco International Dividend Achievers ETF has a 1-year low of $17.28 and a 1-year high of $19.99.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.1665 dividend. This is an increase from Invesco International Dividend Achievers ETF’s previous dividend of $0.09. The ex-dividend date is Monday, March 24th.

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.