Wagner Wealth Management LLC Takes Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Wagner Wealth Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,851 shares of the company’s stock, valued at approximately $39,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the third quarter valued at about $31,000. ST Germain D J Co. Inc. acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter worth about $32,000. Farther Finance Advisors LLC boosted its holdings in Invesco High Yield Equity Dividend Achievers ETF by 889.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock valued at $97,000 after purchasing an additional 3,977 shares during the period. Crews Bank & Trust bought a new stake in Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at about $153,000. Finally, Novare Capital Management LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 14.7% during the 4th quarter. Novare Capital Management LLC now owns 11,735 shares of the company’s stock worth $249,000 after purchasing an additional 1,500 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.4 %

NASDAQ PEY opened at $21.67 on Monday. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. The company has a 50 day moving average of $21.65 and a 200-day moving average of $21.68. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.22 and a 1-year high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.0837 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

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.