Riverchase Wealth Management LLC Acquires Shares of 12,960 Invesco International Dividend Achievers ETF (NASDAQ:PID)

Riverchase Wealth Management LLC bought a new position in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,960 shares of the company’s stock, valued at approximately $237,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in Invesco International Dividend Achievers ETF during the 4th quarter worth approximately $5,694,000. Tocqueville Asset Management L.P. purchased a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter worth $3,056,000. Morton Capital Management LLC CA raised its position in shares of Invesco International Dividend Achievers ETF by 140.2% in the fourth quarter. Morton Capital Management LLC CA now owns 263,108 shares of the company’s stock valued at $4,818,000 after buying an additional 153,585 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Invesco International Dividend Achievers ETF by 78.7% in the fourth quarter. Jones Financial Companies Lllp now owns 247,113 shares of the company’s stock worth $4,525,000 after buying an additional 108,805 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its position in Invesco International Dividend Achievers ETF by 495.5% during the third quarter. Flow Traders U.S. LLC now owns 124,128 shares of the company’s stock worth $2,455,000 after acquiring an additional 103,282 shares during the last quarter. 46.28% of the stock is owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Trading Down 0.1 %

PID stock opened at $19.22 on Friday. The firm has a 50-day moving average of $19.08 and a two-hundred day moving average of $19.15. Invesco International Dividend Achievers ETF has a 12 month low of $17.28 and a 12 month high of $19.99. The company has a market cap of $815.89 million, a price-to-earnings ratio of 18.94 and a beta of 0.96.

Invesco International Dividend Achievers ETF Increases Dividend

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

Invesco International Dividend Achievers ETF Company Profile

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.