Invesco International Dividend Achievers ETF (NASDAQ:PID) Hits New 1-Year High – Time to Buy?

Invesco International Dividend Achievers ETF (NASDAQ:PID) shares hit a new 52-week high on Friday . The company traded as high as $23.12 and last traded at $23.12, with a volume of 124027 shares trading hands. The stock had previously closed at $22.68.

Invesco International Dividend Achievers ETF Stock Performance

The stock’s 50 day simple moving average is $22.26 and its 200 day simple moving average is $21.62. The firm has a market cap of $934.74 million, a PE ratio of 15.28 and a beta of 0.81.

Invesco International Dividend Achievers ETF Cuts Dividend

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

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in shares of Invesco International Dividend Achievers ETF in the 2nd quarter worth about $29,000. Camelot Portfolios LLC bought a new stake in Invesco International Dividend Achievers ETF in the 4th quarter worth approximately $33,000. Steward Partners Investment Advisory LLC boosted its stake in Invesco International Dividend Achievers ETF by 40.1% in 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. Advisory Services Network LLC purchased a new stake in Invesco International Dividend Achievers ETF in the third quarter worth approximately $58,000. Finally, CWM LLC grew its position in Invesco International Dividend Achievers ETF by 2,112.6% during the third quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $60,000 after acquiring an additional 2,683 shares during the last quarter. 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.