Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC cut its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEYGet Rating) by 11.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 66,163 shares of the company’s stock after selling 8,246 shares during the quarter. Beacon Pointe Advisors LLC owned 0.11% of Invesco High Yield Equity Dividend Achievers ETF worth $1,358,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PEY. Bank of America Corp DE raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 23.0% during the first quarter. Bank of America Corp DE now owns 6,573,961 shares of the company’s stock worth $143,510,000 after purchasing an additional 1,227,489 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 115.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 306,400 shares of the company’s stock worth $6,689,000 after purchasing an additional 164,058 shares during the last quarter. Dorsey Wright & Associates bought a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the 2nd quarter valued at about $2,750,000. Advisory Services Network LLC increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 613.2% in the 1st quarter. Advisory Services Network LLC now owns 139,476 shares of the company’s stock valued at $3,045,000 after acquiring an additional 119,920 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 23.2% in the 2nd quarter. UBS Group AG now owns 595,395 shares of the company’s stock valued at $12,235,000 after acquiring an additional 112,078 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

NASDAQ PEY opened at $21.35 on Thursday. The business has a 50 day simple moving average of $19.98 and a 200 day simple moving average of $20.65. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $18.53 and a 52-week high of $22.67.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 25th. Investors of record on Tuesday, November 22nd will be paid a dividend of $0.069 per share. This represents a $0.83 dividend on an annualized basis and a yield of 3.88%. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, November 21st.

Invesco High Yield Equity Dividend Achievers ETF Profile

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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.

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Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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