Wealth Enhancement Advisory Services LLC Trims Stake in Invesco International Dividend Achievers ETF $PID

Wealth Enhancement Advisory Services LLC decreased its stake in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) by 42.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 198,177 shares of the company’s stock after selling 145,570 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invesco International Dividend Achievers ETF were worth $4,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in PID. Farther Finance Advisors LLC purchased a new stake in Invesco International Dividend Achievers ETF during the 2nd quarter worth about $29,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco International Dividend Achievers ETF by 40.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,856 shares of the company’s stock worth $38,000 after buying an additional 531 shares in the last quarter. CWM LLC raised its position in shares of Invesco International Dividend Achievers ETF by 2,112.6% in the third quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $60,000 after buying an additional 2,683 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Invesco International Dividend Achievers ETF during the second quarter valued at approximately $155,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Invesco International Dividend Achievers ETF during the second quarter valued at approximately $201,000. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Stock Performance

PID stock opened at $22.89 on Tuesday. The company has a 50 day moving average price of $22.06 and a two-hundred day moving average price of $21.51. The stock has a market capitalization of $925.44 million, a P/E ratio of 15.28 and a beta of 0.81. Invesco International Dividend Achievers ETF has a one year low of $17.31 and a one year high of $23.00.

Invesco International Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.1185 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.47 annualized dividend and a yield of 2.1%.

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.