Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Purchased by Investors Research Corp

Investors Research Corp boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 280,227 shares of the company’s stock after buying an additional 18,527 shares during the quarter. Invesco High Yield Equity Dividend Achievers ETF accounts for 1.3% of Investors Research Corp’s investment portfolio, making the stock its 15th largest position. Investors Research Corp owned approximately 0.50% of Invesco High Yield Equity Dividend Achievers ETF worth $5,958,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its holdings in Invesco High Yield Equity Dividend Achievers ETF by 48.2% during the 3rd quarter. Stifel Financial Corp now owns 57,844 shares of the company’s stock worth $1,269,000 after buying an additional 18,823 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 58,755 shares of the company’s stock valued at $1,288,000 after purchasing an additional 1,786 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 889.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock valued at $97,000 after purchasing an additional 3,977 shares during the last quarter. FMR LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.8% in the 3rd quarter. FMR LLC now owns 21,861 shares of the company’s stock valued at $479,000 after purchasing an additional 1,765 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.9% in the 4th quarter. Sanctuary Advisors LLC now owns 242,424 shares of the company’s stock valued at $5,309,000 after purchasing an additional 9,073 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.5 %

Shares of NASDAQ:PEY opened at $21.96 on Monday. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.22 and a 52 week high of $23.22. The company’s 50 day moving average is $21.62 and its two-hundred day moving average is $21.78. The company has a market cap of $1.23 billion, a PE ratio of 15.46 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a $0.0701 dividend. The ex-dividend date was Monday, February 24th.

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.