JPMorgan Chase & Co. Increases Stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

JPMorgan Chase & Co. lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 19.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,370 shares of the company’s stock after acquiring an additional 2,548 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $327,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of PEY. Rialto Wealth Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth about $25,000. ST Germain D J Co. Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $32,000. Wagner Wealth Management LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at approximately $39,000. US Bancorp DE increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 244.9% in the 4th quarter. US Bancorp DE now owns 2,014 shares of the company’s stock valued at $43,000 after purchasing an additional 1,430 shares in the last quarter. Finally, Synergy Investment Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth $68,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 1.7 %

NASDAQ:PEY opened at $20.14 on Friday. The company has a market capitalization of $1.10 billion, a PE ratio of 13.30 and a beta of 0.87. The stock has a fifty day simple moving average of $20.61 and a 200-day simple moving average of $21.42. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $18.32 and a 52-week high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 21st were given a $0.075 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, April 21st.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

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.