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

Capital Advisors Ltd. LLC lowered its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 0.6% in the fourth quarter, Holdings Channel reports. The fund owned 193,147 shares of the company’s stock after selling 1,096 shares during the period. Capital Advisors Ltd. LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $4,083,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Ancora Advisors LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF in the third quarter worth approximately $44,000. Geneos Wealth Management Inc. lifted its stake in Invesco High Yield Equity Dividend Achievers ETF by 25.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,127 shares of the company’s stock worth $66,000 after acquiring an additional 625 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the 3rd quarter worth approximately $85,000. EP Wealth Advisors LLC purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the 3rd quarter worth approximately $103,000. Finally, Opus Capital Group LLC purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $210,000.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of NASDAQ:PEY traded up $0.08 during trading on Wednesday, hitting $20.19. 205,034 shares of the company were exchanged, compared to its average volume of 352,595. The stock has a market capitalization of $1.20 billion, a P/E ratio of 14.09 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $17.94 and a 12-month high of $21.50. The firm’s 50 day moving average price is $19.93 and its 200-day moving average price is $19.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd will be given a dividend of $0.0701 per share. This represents a $0.84 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend is Monday, April 22nd. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF Company 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.