Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Holdings Reduced by Salomon & Ludwin LLC

Salomon & Ludwin LLC lessened its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 230,115 shares of the company’s stock after selling 17,878 shares during the quarter. Salomon & Ludwin LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $4,892,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PEY. Capital Investment Counsel LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 2.1% in the 3rd quarter. Capital Investment Counsel LLC now owns 356,629 shares of the company’s stock valued at $7,821,000 after acquiring an additional 7,324 shares during the period. Investors Research Corp boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 7.2% during the 3rd quarter. Investors Research Corp now owns 261,700 shares of the company’s stock worth $5,739,000 after acquiring an additional 17,500 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 35.2% in the third quarter. Sanctuary Advisors LLC now owns 233,351 shares of the company’s stock worth $5,313,000 after purchasing an additional 60,693 shares in the last quarter. Founders Grove Wealth Partners LLC acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at $4,871,000. Finally, Meridian Wealth Management LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 7.2% during the third quarter. Meridian Wealth Management LLC now owns 192,444 shares of the company’s stock valued at $4,220,000 after purchasing an additional 12,965 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.3 %

PEY stock opened at $21.74 on Friday. The company has a 50-day simple moving average of $21.57 and a 200 day simple moving average of $21.68. The company has a market capitalization of $1.22 billion, a P/E ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $19.22 and a fifty-two 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, January 24th. Investors of record on Tuesday, January 21st were issued a dividend of $0.0837 per share. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08. The ex-dividend date was Tuesday, January 21st.

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.