Mercer Global Advisors Inc. ADV Cuts Stock Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Mercer Global Advisors Inc. ADV lessened its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY – Get Rating) by 32.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 19,876 shares of the company’s stock after selling 9,455 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $411,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of PEY. Capital Advisors Ltd. LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 0.3% during the third quarter. Capital Advisors Ltd. LLC now owns 194,093 shares of the company’s stock valued at $3,608,000 after purchasing an additional 599 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.7% during the fourth quarter. AdvisorNet Financial Inc now owns 39,964 shares of the company’s stock valued at $827,000 after purchasing an additional 653 shares in the last quarter. Clarus Group Inc. grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.8% during the third quarter. Clarus Group Inc. now owns 18,914 shares of the company’s stock valued at $352,000 after purchasing an additional 700 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 4.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 20,740 shares of the company’s stock valued at $429,000 after purchasing an additional 939 shares in the last quarter. Finally, NTV Asset Management LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.9% during the third quarter. NTV Asset Management LLC now owns 15,540 shares of the company’s stock valued at $289,000 after purchasing an additional 1,000 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.7 %

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $18.90 on Tuesday. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 12.49 and a beta of 0.87. The business has a 50-day moving average price of $19.65 and a 200-day moving average price of $20.11. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $18.53 and a twelve month high of $22.24.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 26th. Investors of record on Tuesday, May 23rd will be given a $0.0706 dividend. The ex-dividend date of this dividend is Monday, May 22nd. This represents a $0.85 annualized dividend and a yield of 4.48%. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

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PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.