(PID) Invesco International - Ratings and Ratios

The Invesco International Dividend Achievers ETF (NASDAQ:PID) is designed to track the performance of the underlying index, which focuses on international securities with a history of consistently increasing dividends. The fund typically allocates at least 90% of its assets to the securities included in this index. These securities include Global Depositary Receipts (GDRs) listed on the London Stock Exchange (LSE) or the London International Exchange, American Depositary Receipts (ADRs), non-U.S. common or ordinary stocks, limited partnership interests, and shares of limited liability companies listed on the NYSE. This diverse mix of holdings allows the fund to provide exposure to a broad range of international companies with a proven track record of dividend growth.

From a technical perspective, PID is currently trading at $19.62, with its 20-day moving average at $18.97 and 50-day moving average at $18.99. The 200-day moving average stands at $18.88, indicating that the fund is slightly above its long-term trend. The Average True Range (ATR) of 0.35 suggests relatively low volatility. Based on this data, PID may experience short-term upward momentum but could face resistance near its 200-day moving average. The funds assets under management (AUM) of $818.76 million reflect its established presence in the market, and its focus on dividend-paying international stocks positions it as a potential option for income-focused investors.