PID Stock Summary and Trading Ideas (Invesco International Dividend Achievers ETF | NASDAQ:PID)

The Invesco International Dividend Achievers ETF (Fund) is based on the NASDAQ International Dividend Achievers Index (Index). The Fund will normally invest at least 90% of its total assets in dividend-paying common stocks and other securities that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers. These companies have increased their aggregate annual regular cash dividend payments consistently for at least each of the last five consecutive years. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

Invesco International Dividend Achievers ETF trades on the NASDAQ stock market under the symbol PID.

As of December 11, 2024, PID stock price climbed to $19.25 with 69,827 million shares trading.

PID has a beta of 0.44, meaning it tends to be less sensitive to market movements. PID has a correlation of 0.24 to the broad based SPY ETF.

PID has a market cap of $853.55 million. This is considered a Small Cap stock.

In the last 3 years, PID traded as high as $20.00 and as low as $14.65.

PID has underperformed the market in the last year with a price return of +12.1% while the SPY ETF gained +33.0%. PID has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.2% and -0.3%, respectively, while the SPY returned +9.9% and +1.4%, respectively.

PID support price is $19.08 and resistance is $19.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PID shares will trade within this expected range on the day.