Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 0.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 112,345 shares of the company’s stock after acquiring an additional 632 shares during the period. Avantax Advisory Services Inc. owned 0.20% of Invesco High Yield Equity Dividend Achievers ETF worth $2,388,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in PEY. Rialto Wealth Management LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at approximately $25,000. ST Germain D J Co. Inc. purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at approximately $32,000. Wagner Wealth Management LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at approximately $39,000. US Bancorp DE grew its stake in shares of 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 during the last quarter. Finally, Synergy Investment Management LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at approximately $68,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.6 %

Shares of PEY stock opened at $21.42 on Monday. The business’s 50 day moving average is $21.64 and its two-hundred day moving average is $21.78. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $19.22 and a twelve month high of $23.22. The company has a market capitalization of $1.20 billion, a P/E ratio of 15.46 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a $0.0701 dividend. The ex-dividend date of this dividend was Monday, February 24th.

About Invesco High Yield Equity Dividend Achievers ETF

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.