First Citizens Bank & Trust Co. Acquires New Stake in Invesco High Yield Equity Dividend Achievers ETF $PEY

First Citizens Bank & Trust Co. acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 77,440 shares of the company’s stock, valued at approximately $1,581,000. First Citizens Bank & Trust Co. owned about 0.14% of Invesco High Yield Equity Dividend Achievers ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 12.2% during the second quarter. International Assets Investment Management LLC now owns 24,923 shares of the company’s stock valued at $509,000 after acquiring an additional 2,707 shares during the last quarter. Sovereign Financial Group Inc. increased its position in Invesco High Yield Equity Dividend Achievers ETF by 14.7% during the second quarter. Sovereign Financial Group Inc. now owns 20,586 shares of the company’s stock valued at $420,000 after acquiring an additional 2,635 shares during the last quarter. Cresta Advisors Ltd. increased its position in Invesco High Yield Equity Dividend Achievers ETF by 10.9% during the second quarter. Cresta Advisors Ltd. now owns 114,411 shares of the company’s stock valued at $2,335,000 after acquiring an additional 11,215 shares during the last quarter. AdvisorNet Financial Inc increased its position in Invesco High Yield Equity Dividend Achievers ETF by 82.9% during the second quarter. AdvisorNet Financial Inc now owns 198,020 shares of the company’s stock valued at $4,042,000 after acquiring an additional 89,756 shares during the last quarter. Finally, Stolper Co increased its position in Invesco High Yield Equity Dividend Achievers ETF by 3.2% during the second quarter. Stolper Co now owns 29,786 shares of the company’s stock valued at $608,000 after acquiring an additional 927 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Invesco High Yield Equity Dividend Achievers ETF stock opened at $20.97 on Friday. The stock has a market cap of $1.08 billion, a PE ratio of 13.11 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $18.32 and a one year high of $23.22. The stock has a fifty day moving average of $21.14 and a 200 day moving average of $20.65.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 24th. Shareholders of record on Monday, October 20th will be given a $0.0953 dividend. The ex-dividend date is Monday, October 20th. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 5.5%.

About Invesco High Yield Equity Dividend Achievers ETF

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.