Envestnet Asset Management Inc. Sells 30,507 Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID)

Envestnet Asset Management Inc. decreased its holdings in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 256,745 shares of the company’s stock after selling 30,507 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.58% of Invesco International Dividend Achievers ETF worth $4,701,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PID. Wells Fargo & Company MN increased its position in shares of Invesco International Dividend Achievers ETF by 28.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,971,970 shares of the company’s stock worth $36,107,000 after buying an additional 439,856 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco International Dividend Achievers ETF during the 4th quarter worth about $5,694,000. Tocqueville Asset Management L.P. acquired a new stake in Invesco International Dividend Achievers ETF during the 4th quarter worth about $3,056,000. Morton Capital Management LLC CA raised its position in shares of Invesco International Dividend Achievers ETF by 140.2% in the 4th quarter. Morton Capital Management LLC CA now owns 263,108 shares of the company’s stock worth $4,818,000 after acquiring an additional 153,585 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Invesco International Dividend Achievers ETF by 78.7% in the 4th quarter. Jones Financial Companies Lllp now owns 247,113 shares of the company’s stock valued at $4,525,000 after purchasing an additional 108,805 shares during the period. 46.28% of the stock is currently owned by institutional investors and hedge funds.

Invesco International Dividend Achievers ETF Price Performance

NASDAQ PID opened at $19.25 on Wednesday. The stock has a market capitalization of $818.32 million, a P/E ratio of 17.67 and a beta of 0.94. The business has a 50 day simple moving average of $18.95 and a 200 day simple moving average of $18.99. Invesco International Dividend Achievers ETF has a one year low of $17.31 and a one year high of $19.99.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were 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 was Monday, March 24th.

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.