Invesco International Dividend Achievers ETF (NASDAQ:PID) Sets New 52-Week High – Should You Buy?

Invesco International Dividend Achievers ETF (NASDAQ:PID)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $22.13 and last traded at $22.09, with a volume of 15075 shares trading hands. The stock had previously closed at $22.01.

Invesco International Dividend Achievers ETF Stock Performance

The company has a market capitalization of $898.98 million, a PE ratio of 15.28 and a beta of 0.81. The company’s fifty day moving average is $21.58 and its 200-day moving average is $21.14.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.1721 per share. This represents a $0.69 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Monday, September 22nd.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

A number of institutional investors have recently bought and sold shares of PID. US Bancorp DE purchased a new position in shares of Invesco International Dividend Achievers ETF in the first quarter valued at about $51,000. Atria Wealth Solutions Inc. purchased a new stake in Invesco International Dividend Achievers ETF during the 1st quarter valued at approximately $198,000. HighTower Advisors LLC raised its position in shares of Invesco International Dividend Achievers ETF by 0.9% during the first quarter. HighTower Advisors LLC now owns 191,121 shares of the company’s stock valued at $3,645,000 after buying an additional 1,709 shares during the last quarter. Capital Analysts LLC boosted its position in shares of Invesco International Dividend Achievers ETF by 80.1% during the first quarter. Capital Analysts LLC now owns 42,712 shares of the company’s stock worth $814,000 after acquiring an additional 19,000 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in Invesco International Dividend Achievers ETF during the first quarter valued at $3,453,000. Hedge funds and other institutional investors own 46.28% of the company’s stock.

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.