SteelPeak Wealth LLC Purchases New Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

SteelPeak Wealth LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 31,497 shares of the company’s stock, valued at approximately $670,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Apexium Financial LP bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth about $1,161,000. Novare Capital Management LLC boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 14.7% in 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. Precedent Wealth Partners LLC grew its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.0% in the 4th quarter. Precedent Wealth Partners LLC now owns 37,763 shares of the company’s stock worth $803,000 after buying an additional 745 shares during the last quarter. RFG Advisory LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 1.3% during the 4th quarter. RFG Advisory LLC now owns 36,500 shares of the company’s stock valued at $776,000 after buying an additional 474 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Invesco High Yield Equity Dividend Achievers ETF by 1.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 59,775 shares of the company’s stock valued at $1,271,000 after buying an additional 1,020 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.5 %

Invesco High Yield Equity Dividend Achievers ETF stock opened at $21.90 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.22 and a 12 month high of $23.22. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. The business’s fifty day simple moving average is $21.81 and its two-hundred day simple moving average is $21.63.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.0837 per share. This is an increase 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 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.