Capital Advisors Ltd. LLC Cuts Stock Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Capital Advisors Ltd. LLC lowered its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 193,147 shares of the company’s stock after selling 1,096 shares during the period. Capital Advisors Ltd. LLC owned approximately 0.31% of Invesco High Yield Equity Dividend Achievers ETF worth $4,083,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Eudaimonia Advisors LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 9.4% during the 4th quarter. Eudaimonia Advisors LLC now owns 16,925 shares of the company’s stock worth $358,000 after purchasing an additional 1,460 shares during the last quarter. Opus Capital Group LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $210,000. Wealth Alliance grew its position in Invesco High Yield Equity Dividend Achievers ETF by 5.8% during the 4th quarter. Wealth Alliance now owns 47,297 shares of the company’s stock worth $1,000,000 after purchasing an additional 2,601 shares during the last quarter. Capital Analysts LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 6.0% during the 4th quarter. Capital Analysts LLC now owns 41,413 shares of the company’s stock worth $875,000 after purchasing an additional 2,337 shares during the last quarter. Finally, Investors Research Corp grew its position in Invesco High Yield Equity Dividend Achievers ETF by 3.2% during the 4th quarter. Investors Research Corp now owns 230,172 shares of the company’s stock worth $4,866,000 after purchasing an additional 7,174 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.4 %

NASDAQ PEY traded up $0.08 on Wednesday, hitting $20.19. 205,034 shares of the company’s stock traded hands, compared to its average volume of 352,595. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $17.94 and a 1-year high of $21.50. The firm’s 50-day moving average price is $19.93 and its two-hundred day moving average price is $19.87. The firm has a market capitalization of $1.20 billion, a PE ratio of 14.09 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd will be paid a dividend of $0.0701 per share. This represents a $0.84 annualized dividend and a yield of 4.17%. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05. The ex-dividend date is Monday, April 22nd.

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.