Raymond James Financial Inc. Makes New Investment in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Raymond James Financial Inc. acquired a new stake in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 310,993 shares of the company’s stock, valued at approximately $5,694,000.

Other hedge funds have also recently modified their holdings of the company. Morton Capital Management LLC CA increased its position in Invesco International Dividend Achievers ETF by 140.2% in the fourth quarter. Morton Capital Management LLC CA now owns 263,108 shares of the company’s stock worth $4,818,000 after purchasing an additional 153,585 shares during the last quarter. Jones Financial Companies Lllp increased its holdings 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 worth $4,525,000 after buying an additional 108,805 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of Invesco International Dividend Achievers ETF by 495.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 124,128 shares of the company’s stock worth $2,455,000 after buying an additional 103,282 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco International Dividend Achievers ETF by 653.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 101,831 shares of the company’s stock valued at $2,014,000 after buying an additional 88,310 shares in the last quarter. Finally, Winebrenner Capital Management LLC bought a new position in shares of Invesco International Dividend Achievers ETF in the 4th quarter valued at about $887,000. Hedge funds and other institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Trading Down 0.3 %

PID opened at $19.21 on Tuesday. Invesco International Dividend Achievers ETF has a 12 month low of $17.28 and a 12 month high of $19.99. The stock has a 50-day moving average of $19.03 and a 200 day moving average of $19.15. The firm has a market cap of $845.24 million, a P/E ratio of 19.00 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.1665 dividend. This is a boost from Invesco International Dividend Achievers ETF’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, March 24th.

Invesco International Dividend Achievers ETF 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.