Invesco International Dividend Achievers ETF (NASDAQ:PID) Reaches New 52-Week High – What’s Next?

Invesco International Dividend Achievers ETF (NASDAQ:PID)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $20.64 and last traded at $20.62, with a volume of 21771 shares trading hands. The stock had previously closed at $20.59.

Invesco International Dividend Achievers ETF Trading Up 0.3%

The firm has a 50 day moving average price of $19.49 and a 200-day moving average price of $19.13. The firm has a market cap of $869.98 million, a PE ratio of 17.97 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were 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 of this dividend was Monday, March 24th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its position in shares of Invesco International Dividend Achievers ETF by 0.3% during the 4th quarter. HighTower Advisors LLC now owns 189,412 shares of the company’s stock worth $3,468,000 after purchasing an additional 563 shares during the last quarter. Alexander Randolph Advisory Inc. boosted its stake in shares of Invesco International Dividend Achievers ETF by 3.4% during the first quarter. Alexander Randolph Advisory Inc. now owns 25,245 shares of the company’s stock valued at $481,000 after acquiring an additional 840 shares during the last quarter. Townsquare Capital LLC increased its position in Invesco International Dividend Achievers ETF by 2.9% during the 4th quarter. Townsquare Capital LLC now owns 29,926 shares of the company’s stock worth $548,000 after purchasing an additional 844 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in Invesco International Dividend Achievers ETF by 1.6% in the 1st quarter. Capital Investment Advisors LLC now owns 58,474 shares of the company’s stock valued at $1,115,000 after purchasing an additional 927 shares in the last quarter. Finally, Cahill Financial Advisors Inc. grew its stake in Invesco International Dividend Achievers ETF by 0.4% in the 4th quarter. Cahill Financial Advisors Inc. now owns 234,859 shares of the company’s stock worth $4,300,000 after acquiring an additional 1,004 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.