Capital Investment Advisors LLC Acquires 1,200 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Capital Investment Advisors LLC raised its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.0% in the 4th quarter, HoldingsChannel reports. The firm owned 18,349 shares of the company’s stock after purchasing an additional 1,200 shares during the quarter. Capital Investment Advisors LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $390,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Financial Insights Inc. increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.7% in the 3rd quarter. Financial Insights Inc. now owns 14,100 shares of the company’s stock valued at $309,000 after buying an additional 500 shares during the period. Prospera Financial Services Inc increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.6% in the 3rd quarter. Prospera Financial Services Inc now owns 36,814 shares of the company’s stock valued at $807,000 after buying an additional 932 shares during the period. Brick & Kyle Associates increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.1% in the 2nd quarter. Brick & Kyle Associates now owns 98,778 shares of the company’s stock valued at $1,940,000 after buying an additional 1,107 shares during the period. Fortitude Family Office LLC acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the 3rd quarter valued at $31,000. Finally, Captrust Financial Advisors increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.8% in the 3rd quarter. Captrust Financial Advisors now owns 82,147 shares of the company’s stock valued at $1,801,000 after buying an additional 1,465 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

NASDAQ PEY opened at $21.50 on Thursday. The stock has a fifty day moving average of $21.89 and a 200-day moving average of $21.48. The stock has a market capitalization of $1.21 billion, a P/E ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.22 and a 52 week high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.083 dividend. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08. The ex-dividend date was Monday, December 23rd.

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.