Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Sold by City State Bank

City State Bank reduced its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,114 shares of the company’s stock after selling 1,411 shares during the period. City State Bank’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $491,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF in the 2nd quarter valued at about $3,451,000. Virtu Financial LLC increased its holdings in Invesco High Yield Equity Dividend Achievers ETF by 259.6% in the second quarter. Virtu Financial LLC now owns 174,791 shares of the company’s stock valued at $3,433,000 after buying an additional 126,180 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in Invesco High Yield Equity Dividend Achievers ETF by 182.2% in the second quarter. Axxcess Wealth Management LLC now owns 147,955 shares of the company’s stock valued at $2,906,000 after buying an additional 95,521 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the 3rd quarter valued at about $1,157,000. Finally, LPL Financial LLC raised its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.5% during the 2nd quarter. LPL Financial LLC now owns 1,927,190 shares of the company’s stock worth $37,850,000 after acquiring an additional 46,323 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of NASDAQ PEY remained flat at $20.83 during mid-day trading on Monday. 99,711 shares of the company were exchanged, compared to its average volume of 225,415. The stock has a 50-day simple moving average of $21.91 and a 200 day simple moving average of $21.46. The stock has a market cap of $1.17 billion, a PE ratio of 14.21 and a beta of 0.87. 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 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. The ex-dividend date was Monday, December 23rd. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

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.