Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) saw strong trading volume on Tuesday . 439,366 shares changed hands during trading, an increase of 302% from the previous session’s volume of 109,321 shares.The stock last traded at $19.22 and had previously closed at $19.19.

Invesco International Dividend Achievers ETF Trading Up 0.3 %

The firm has a market capitalization of $838.63 million, a P/E ratio of 19.99 and a beta of 0.97. The firm has a 50-day moving average of $18.71 and a two-hundred day moving average of $19.15.

Invesco International Dividend Achievers ETF Announces Dividend

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

Institutional Trading of Invesco International Dividend Achievers ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Oakworth Capital Inc. bought a new position in Invesco International Dividend Achievers ETF in the fourth quarter valued at about $33,000. Stonebridge Financial Group LLC bought a new position in Invesco International Dividend Achievers ETF in the fourth quarter valued at about $45,000. Balentine LLC bought a new position in Invesco International Dividend Achievers ETF in the third quarter valued at about $48,000. Bank of Montreal Can bought a new position in Invesco International Dividend Achievers ETF in the fourth quarter valued at about $93,000. Finally, FMR LLC increased its stake in shares of Invesco International Dividend Achievers ETF by 50.7% in the third quarter. FMR LLC now owns 6,806 shares of the company’s stock valued at $135,000 after buying an additional 2,291 shares during the period. 46.28% of the stock is currently owned by institutional investors.

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.