Raymond James Financial Services Advisors Inc. Boosts Stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Raymond James Financial Services Advisors Inc. lifted its stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEYFree Report) by 35.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 402,512 shares of the company’s stock after buying an additional 105,342 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.64% of Invesco High Yield Equity Dividend Achievers ETF worth $8,509,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Citigroup Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the second quarter worth about $32,000. Ancora Advisors LLC purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the third quarter worth about $44,000. Rockefeller Capital Management L.P. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the fourth quarter worth about $82,000. Geneos Wealth Management Inc. boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 81.6% in the first quarter. Geneos Wealth Management Inc. now owns 4,346 shares of the company’s stock worth $94,000 after buying an additional 1,953 shares during the period. Finally, NBC Securities Inc. acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF during the third quarter valued at approximately $85,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 1.2 %

Shares of NASDAQ PEY opened at $20.41 on Tuesday. The stock’s 50 day moving average price is $20.01 and its two-hundred day moving average price is $19.80. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $17.94 and a 52-week high of $21.50. The stock has a market capitalization of $1.28 billion, a P/E ratio of 12.49 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.077 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.92 annualized dividend and a yield of 4.53%. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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