Prospera Financial Services Inc Increases Stock Holdings in Invesco High Yield Equity Dividend Achievers ETF $PEY

Prospera Financial Services Inc grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 6.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 39,873 shares of the company’s stock after purchasing an additional 2,462 shares during the quarter. Prospera Financial Services Inc’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $814,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Capital Analysts LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the first quarter worth approximately $27,000. Millstone Evans Group LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the first quarter worth approximately $33,000. Simplex Trading LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the second quarter worth approximately $38,000. Cullen Frost Bankers Inc. boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 12.0% during the 1st quarter. Cullen Frost Bankers Inc. now owns 5,352 shares of the company’s stock worth $115,000 after acquiring an additional 574 shares during the last quarter. Finally, AE Wealth Management LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.5% during the 1st quarter. AE Wealth Management LLC now owns 7,464 shares of the company’s stock valued at $160,000 after acquiring an additional 582 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

NASDAQ:PEY opened at $20.31 on Friday. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 13.11 and a beta of 0.74. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $18.32 and a one year high of $23.22. The business has a fifty day moving average price of $20.92 and a 200-day moving average price of $20.78.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were given a $0.0953 dividend. The ex-dividend date was 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 5.6%.

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.