AlphaCore Capital LLC Sells 35,027 Shares of Invesco High Yield Equity Dividend Achievers ETF $PEY

AlphaCore Capital LLC lessened its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 18.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 151,335 shares of the company’s stock after selling 35,027 shares during the quarter. AlphaCore Capital LLC owned 0.28% of Invesco High Yield Equity Dividend Achievers ETF worth $3,089,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Capital Analysts LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF in the 1st quarter worth about $27,000. Simplex Trading LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the second quarter valued at approximately $38,000. AE Wealth Management LLC grew its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.5% during the first quarter. AE Wealth Management LLC now owns 7,464 shares of the company’s stock valued at $160,000 after buying an additional 582 shares during the last quarter. Kovack Advisors Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the second quarter worth approximately $214,000. Finally, Focus Financial Network Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the second quarter worth approximately $234,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 2.3%

PEY opened at $20.06 on Friday. The business has a fifty day moving average of $20.75 and a 200 day moving average of $20.77. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $18.32 and a 52-week high of $23.22. The stock has a market cap of $1.03 billion, a P/E ratio of 13.11 and a beta of 0.74.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were paid a dividend of $0.0953 per share. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Monday, October 20th.

Invesco High Yield Equity Dividend Achievers ETF 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.