Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Stock Position Increased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lifted its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEYFree Report) by 6.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,615 shares of the company’s stock after buying an additional 1,835 shares during the period. CIBC Private Wealth Group LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $605,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.0% in the 3rd quarter. AlphaCore Capital LLC now owns 759,647 shares of the company’s stock worth $14,578,000 after buying an additional 43,042 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 4.4% in the 3rd quarter. Stifel Financial Corp now owns 652,247 shares of the company’s stock worth $12,517,000 after acquiring an additional 27,625 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter worth $11,125,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 35.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 402,512 shares of the company’s stock worth $8,509,000 after acquiring an additional 105,342 shares during the last quarter. Finally, Waverly Advisors LLC grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.5% in the 3rd quarter. Waverly Advisors LLC now owns 325,250 shares of the company’s stock worth $6,242,000 after acquiring an additional 7,932 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.6 %

Shares of NASDAQ PEY opened at $19.72 on Tuesday. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. The stock’s fifty day simple moving average is $20.06 and its 200 day simple moving average is $20.19. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $17.94 and a 52-week high of $21.50.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 24th. Investors of record on Tuesday, May 21st were issued a $0.0757 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.60%. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, May 20th.

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.

Further Reading

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

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