Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Large Volume Increase – Here’s Why

Invesco International Dividend Achievers ETF (NASDAQ:PID) shares saw strong trading volume on Monday . 157,501 shares traded hands during trading, an increase of 69% from the previous session’s volume of 92,969 shares.The stock last traded at $18.24 and had previously closed at $18.32.

Invesco International Dividend Achievers ETF Trading Down 0.3 %

The company has a market capitalization of $807.46 million, a price-to-earnings ratio of 19.28 and a beta of 0.94. The stock has a 50-day simple moving average of $18.88 and a 200-day simple moving average of $19.07.

Invesco International Dividend Achievers ETF Dividend Announcement

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

Institutional Trading of Invesco International Dividend Achievers ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC boosted its holdings in Invesco International Dividend Achievers ETF by 50.7% in the third quarter. FMR LLC now owns 6,806 shares of the company’s stock worth $135,000 after purchasing an additional 2,291 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco International Dividend Achievers ETF by 30.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,756 shares of the company’s stock valued at $391,000 after buying an additional 4,616 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Invesco International Dividend Achievers ETF by 2.2% during the 3rd quarter. Private Advisor Group LLC now owns 66,759 shares of the company’s stock valued at $1,320,000 after buying an additional 1,415 shares during the last quarter. Captrust Financial Advisors lifted its holdings 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 worth $239,000 after acquiring an additional 981 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in Invesco International Dividend Achievers ETF by 13.9% in the second quarter. B. Riley Wealth Advisors Inc. now owns 30,930 shares of the company’s stock worth $554,000 after acquiring an additional 3,784 shares during the last quarter. Institutional investors and hedge funds own 46.28% of the company’s stock.

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.