PFG Advisors Raises Stock Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)


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PFG Advisors grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 20.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,413 shares of the company’s stock after purchasing an additional 3,174 shares during the period. PFG Advisors’ holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. United Capital Financial Advisers LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.7% during the fourth quarter. United Capital Financial Advisers LLC now owns 1,250,771 shares of the company’s stock valued at $21,738,000 after purchasing an additional 20,580 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco High Yield Equity Dividend Achievers ETF by 8.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 136,315 shares of the company’s stock worth $2,369,000 after acquiring an additional 10,475 shares in the last quarter. Capital Advisory Group Advisory Services LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 14.4% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 126,096 shares of the company’s stock worth $2,192,000 after acquiring an additional 15,880 shares in the last quarter. Resources Investment Advisors LLC. grew its position in Invesco High Yield Equity Dividend Achievers ETF by 14.1% in the fourth quarter. Resources Investment Advisors LLC. now owns 123,643 shares of the company’s stock worth $2,149,000 after acquiring an additional 15,240 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Invesco High Yield Equity Dividend Achievers ETF by 3.8% in the fourth quarter. IFP Advisors Inc now owns 96,119 shares of the company’s stock worth $1,670,000 after acquiring an additional 3,496 shares in the last quarter.

PEY opened at $20.93 on Tuesday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $12.45 and a 12 month high of $21.03. The stock has a 50-day moving average of $20.42 and a 200 day moving average of $18.51.

The business also recently declared a monthly dividend, which was paid on Friday, April 30th. Investors of record on Tuesday, April 20th were given a $0.066 dividend. The ex-dividend date was Monday, April 19th. This represents a $0.79 annualized dividend and a yield of 3.78%.

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.

Read More: How Do You Calculate Return on Equity (ROE)?

Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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