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

Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) saw an uptick in trading volume on Tuesday . 115,763 shares changed 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 firm has a market capitalization of $840.40 million, a P/E ratio of 19.28 and a beta of 0.94. The firm has a 50 day moving average price of $18.74 and a two-hundred day moving average price of $19.12.

Invesco International Dividend Achievers ETF Announces Dividend

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

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Hedge funds have recently bought and sold shares of the business. Drive Wealth Management LLC lifted its position in shares of 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 worth $548,000 after buying an additional 844 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Invesco International Dividend Achievers ETF by 8.8% in the 3rd quarter. Captrust Financial Advisors now owns 12,079 shares of the company’s stock worth $239,000 after purchasing an additional 981 shares during the last quarter. Accel Wealth Management boosted its position in 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 purchasing an additional 1,003 shares during the period. Stephens Inc. AR grew its holdings in Invesco International Dividend Achievers ETF by 11.1% during the third quarter. Stephens Inc. AR now owns 12,034 shares of the company’s stock valued at $238,000 after purchasing an additional 1,202 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Invesco International Dividend Achievers ETF by 2.2% in the third quarter. Private Advisor Group LLC now owns 66,759 shares of the company’s stock valued at $1,320,000 after purchasing an additional 1,415 shares during the period. 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.