Cambridge Investment Research Advisors Inc. Increases Position in Invesco International Dividend Achievers ETF and Declares Confidence in Growth Prospects - Best Stocks

September 30, 2023 – Cambridge Investment Research Advisors Inc. has increased its position in shares of Invesco International Dividend Achievers ETF (PID) by 4.6% during the second quarter, as stated in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). This article delves into the actions of institutional investors and hedge funds, shedding light on their strategies and the implications for Invesco International Dividend Achievers ETF's stock performance.

Cambridge Investment Research Advisors Inc. Increases Stake in Invesco International Dividend Achievers ETF

Discover how Cambridge Investment Research Advisors Inc. has expanded its position in Invesco International Dividend Achievers ETF and the implications for the company's stock.

During the second quarter, Cambridge Investment Research Advisors Inc. raised its stake in Invesco International Dividend Achievers ETF by 4.6%, according to the firm's Form 13F filing with the Securities and Exchange Commission (SEC). The additional 7,163 shares acquired by the firm reflect its confidence in the growth prospects and financial stability of the company. With this increased position, Cambridge Investment Research Advisors Inc. now owns a total of 162,879 shares, worth approximately $2,940,000.

This move by Cambridge Investment Research Advisors Inc. highlights its commitment to expanding its position in Invesco International Dividend Achievers ETF, signaling its belief in the company's potential for future growth. Investors can take note of this development as they consider their own investment strategies.

Other Institutional Investors and Hedge Funds Make Noteworthy Moves

Explore how other institutional investors and hedge funds are capitalizing on the growth prospects of Invesco International Dividend Achievers ETF.

Cambridge Investment Research Advisors Inc. is not the only institutional investor taking action on Invesco International Dividend Achievers ETF. Strategic Wealth Partners Ltd. increased its holdings in the company by 22.5% during the first quarter, reflecting a strong belief in the company's potential. Similarly, Ameritas Advisory Services LLC acquired a new stake in PID, further diversifying its investment portfolio.

Virginia National Bank and Cetera Advisors LLC also made noteworthy moves, increasing their positions in Invesco International Dividend Achievers ETF by 8.3% and 3.2% respectively. Eagle Strategies LLC witnessed a significant increase in its stake, highlighting the growing interest among institutional investors and hedge funds in this ETF.

Implications for Invesco International Dividend Achievers ETF's Stock Performance

Learn how the actions of institutional investors and hedge funds impact the stock performance of Invesco International Dividend Achievers ETF.

The increased stakes by institutional investors and hedge funds in Invesco International Dividend Achievers ETF reflect their confidence in the company's growth prospects and financial stability. As these investors continue to buy shares, it signals a positive sentiment towards the stock, potentially influencing its performance in the market.

With nearly half of the company's stock owned by institutional investors and hedge funds, their actions can have a significant impact on the overall stock performance. Traders and investors are closely monitoring these moves and considering their implications as they make investment decisions.

Analyzing Invesco International Dividend Achievers ETF's Key Indicators

Take a closer look at the key indicators of Invesco International Dividend Achievers ETF and how they contribute to its overall performance.

Invesco International Dividend Achievers ETF primarily invests in total market equity, with a focus on foreign securities displaying high dividend growth. The fund's investment strategy involves tracking a dividend-yield-weighted index composed of these foreign securities. With a market capitalization of $1.03 billion, a price-to-earnings (PE) ratio of 14.42, and a beta factor of 0.94, PID has garnered attention from investors seeking opportunities in the international dividend space.

The fifty-day simple moving average for PID stands at $17.65, while the two-hundred-day simple moving average is slightly higher at $17.91. These key indicators provide valuable insights into the company's performance and help investors assess its potential for future growth.

Conclusion

The increased stakes by institutional investors and hedge funds in Invesco International Dividend Achievers ETF reflect a positive sentiment towards the company's growth prospects and financial stability. The actions of Cambridge Investment Research Advisors Inc. and other prominent investors highlight their confidence in the stock and its potential for future performance.

As institutional investors and hedge funds continue to make moves, it is important for individual investors to stay informed about these developments. Monitoring the actions of these investors and analyzing key indicators can help inform investment strategies and decisions.

FQA :

What is the market capitalization of Invesco International Dividend Achievers ETF?

Invesco International Dividend Achievers ETF currently has a market capitalization of $1.03 billion.

What is the investment strategy of Invesco International Dividend Achievers ETF?

Invesco International Dividend Achievers ETF primarily invests in total market equity, with a focus on foreign securities displaying high dividend growth. The fund tracks a dividend-yield-weighted index composed of these foreign securities.

How do institutional investors and hedge funds impact the stock performance of Invesco International Dividend Achievers ETF?

The actions of institutional investors and hedge funds, such as increasing their stakes in Invesco International Dividend Achievers ETF, can influence the overall stock performance. Their confidence in the company's growth prospects can attract other investors and potentially drive up the stock price.

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