Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Unusually-High Trading Volume – Should You Buy?

Invesco International Dividend Achievers ETF (NASDAQ:PID) shares saw an uptick in trading volume on Monday . 157,501 shares changed 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 Stock Up 1.1 %

The firm has a market capitalization of $816.74 million, a price-to-earnings ratio of 19.28 and a beta of 0.94. The business has a 50-day moving average of $18.84 and a two-hundred day moving average of $19.08.

Invesco International Dividend Achievers ETF Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Captrust Financial Advisors increased its holdings in Invesco International Dividend Achievers ETF by 8.8% in the 3rd quarter. Captrust Financial Advisors now owns 12,079 shares of the company’s stock valued at $239,000 after buying an additional 981 shares during the period. Stephens Inc. AR increased its stake in Invesco International Dividend Achievers ETF by 11.1% in the third quarter. Stephens Inc. AR now owns 12,034 shares of the company’s stock valued at $238,000 after acquiring an additional 1,202 shares during the period. Creative Planning raised its position in Invesco International Dividend Achievers ETF by 1.1% in the second quarter. Creative Planning now owns 115,963 shares of the company’s stock worth $2,078,000 after purchasing an additional 1,252 shares in the last quarter. Private Advisor Group LLC lifted its stake in Invesco International Dividend Achievers ETF by 2.2% during the third quarter. Private Advisor Group LLC now owns 66,759 shares of the company’s stock worth $1,320,000 after purchasing an additional 1,415 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in Invesco International Dividend Achievers ETF by 0.9% during the third quarter. HighTower Advisors LLC now owns 188,849 shares of the company’s stock valued at $3,734,000 after purchasing an additional 1,621 shares in the last quarter. 46.28% of the stock is currently owned by institutional investors and hedge funds.

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.