GLOBALT Investments LLC GA Has $1.98 Million Stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

GLOBALT Investments LLC GA reduced its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,112 shares of the company’s stock after selling 2,386 shares during the period. GLOBALT Investments LLC GA’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,976,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PEY. Financial Insights Inc. increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 3.7% in the 3rd quarter. Financial Insights Inc. now owns 14,100 shares of the company’s stock valued at $309,000 after buying an additional 500 shares during the last quarter. Stolper Co raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 2.1% during the second quarter. Stolper Co now owns 29,077 shares of the company’s stock worth $571,000 after acquiring an additional 610 shares in the last quarter. RFG Advisory LLC boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 2.0% during the second quarter. RFG Advisory LLC now owns 38,476 shares of the company’s stock valued at $756,000 after purchasing an additional 737 shares during the last quarter. Mather Group LLC. boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 8.7% during the second quarter. Mather Group LLC. now owns 12,501 shares of the company’s stock valued at $258,000 after purchasing an additional 1,005 shares during the last quarter. Finally, Pasadena Private Wealth LLC grew its stake in Invesco High Yield Equity Dividend Achievers ETF by 4.0% in the second quarter. Pasadena Private Wealth LLC now owns 28,561 shares of the company’s stock valued at $561,000 after purchasing an additional 1,099 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.9 %

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $22.21 on Tuesday. The stock has a market cap of $1.25 billion, a P/E ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $19.14 and a 12-month high of $22.46. The business’s 50 day moving average is $21.77 and its 200-day moving average is $20.93.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Monday, November 18th will be given a dividend of $0.0773 per share. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, November 18th.

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.