AE Wealth Management LLC Raises Stock Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

AE Wealth Management LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 8.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,464 shares of the company’s stock after buying an additional 582 shares during the period. AE Wealth Management LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $160,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Millstone Evans Group LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF in the 1st quarter valued at about $33,000. Farther Finance Advisors LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 91.7% in the 1st quarter. Farther Finance Advisors LLC now owns 3,742 shares of the company’s stock valued at $80,000 after acquiring an additional 1,790 shares during the period. NBC Securities Inc. lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 104,625.0% in the 1st quarter. NBC Securities Inc. now owns 4,189 shares of the company’s stock worth $89,000 after acquiring an additional 4,185 shares during the last quarter. Private Trust Co. NA boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 86.1% during the 1st quarter. Private Trust Co. NA now owns 4,250 shares of the company’s stock worth $91,000 after purchasing an additional 1,966 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 12.0% during the 1st quarter. Cullen Frost Bankers Inc. now owns 5,352 shares of the company’s stock worth $115,000 after purchasing an additional 574 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Invesco High Yield Equity Dividend Achievers ETF stock opened at $20.38 on Friday. The company has a market capitalization of $1.09 billion, a PE ratio of 13.11 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $18.32 and a fifty-two week high of $23.22. The firm has a 50 day moving average price of $20.69 and a 200 day moving average price of $20.85.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 25th. Investors of record on Monday, July 21st were issued a $0.0875 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08. The ex-dividend date was Monday, July 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.