Aspire Capital Advisors LLC Takes Position in Invesco High Yield Equity Dividend Achievers ETF $PEY

Aspire Capital Advisors LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,016 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signature Estate & Investment Advisors LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 1.2% during the third quarter. Signature Estate & Investment Advisors LLC now owns 47,380 shares of the company’s stock worth $998,000 after buying an additional 562 shares in the last quarter. Brick & Kyle Associates boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 0.7% during the second quarter. Brick & Kyle Associates now owns 105,613 shares of the company’s stock worth $2,242,000 after purchasing an additional 723 shares during the last quarter. MML Investors Services LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.2% in the second quarter. MML Investors Services LLC now owns 67,607 shares of the company’s stock valued at $1,380,000 after purchasing an additional 783 shares during the period. Cullen Frost Bankers Inc. lifted its position in Invesco High Yield Equity Dividend Achievers ETF by 17.9% during the third quarter. Cullen Frost Bankers Inc. now owns 6,387 shares of the company’s stock worth $135,000 after buying an additional 969 shares during the period. Finally, Pasadena Private Wealth LLC lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.2% during the 3rd quarter. Pasadena Private Wealth LLC now owns 36,204 shares of the company’s stock worth $763,000 after acquiring an additional 1,128 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 1.3%

PEY stock opened at $21.99 on Friday. The company has a market cap of $1.08 billion, a PE ratio of 13.11 and a beta of 0.74. The stock has a 50-day moving average price of $21.13 and a two-hundred day moving average price of $20.94. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $18.32 and a 12-month high of $22.45.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.0818 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 4.5%.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.