Capital Advisors Ltd. LLC Reduces Holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Capital Advisors Ltd. LLC reduced its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 0.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 190,739 shares of the company’s stock after selling 562 shares during the period. Capital Advisors Ltd. LLC owned about 0.34% of Invesco High Yield Equity Dividend Achievers ETF worth $4,183,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF during the second quarter valued at approximately $967,000. Bristlecone Advisors LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the 2nd quarter worth $106,000. IFG Advisory LLC increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 18.0% in the 2nd quarter. IFG Advisory LLC now owns 19,623 shares of the company’s stock worth $385,000 after buying an additional 2,997 shares in the last quarter. LPL Financial LLC raised its stake in 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 valued at $37,850,000 after purchasing an additional 46,323 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 28.4% during the first quarter. Private Advisor Group LLC now owns 84,893 shares of the company’s stock valued at $1,753,000 after buying an additional 18,797 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.9 %

Shares of PEY stock opened at $21.59 on Friday. The company’s fifty day simple moving average is $21.65 and its two-hundred day simple moving average is $20.71. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $17.94 and a 52 week high of $22.45. The stock has a market cap of $1.23 billion, a P/E ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a $0.09 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.08 dividend on an annualized basis and a yield of 5.00%.

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.