Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Sold by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC lessened its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 0.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 191,301 shares of the company’s stock after selling 1,456 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $3,757,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PEY. Cetera Investment Advisers increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 294.2% during the first quarter. Cetera Investment Advisers now owns 415,494 shares of the company’s stock valued at $8,580,000 after acquiring an additional 310,095 shares during the period. Waverly Advisors LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.6% during the 1st quarter. Waverly Advisors LLC now owns 353,047 shares of the company’s stock valued at $7,290,000 after purchasing an additional 21,713 shares during the period. Dynamic Advisor Solutions LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 248,757 shares of the company’s stock worth $4,886,000 after buying an additional 5,922 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 15.2% in the first quarter. Commonwealth Equity Services LLC now owns 237,972 shares of the company’s stock valued at $4,914,000 after buying an additional 31,361 shares during the period. Finally, Virtu Financial LLC lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.9% in the fourth quarter. Virtu Financial LLC now owns 199,901 shares of the company’s stock valued at $4,226,000 after buying an additional 3,685 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of PEY traded up $0.38 during mid-day trading on Friday, hitting $21.60. The company’s stock had a trading volume of 288,252 shares, compared to its average volume of 277,445. The firm has a 50-day moving average price of $20.50 and a 200 day moving average price of $20.16. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $17.94 and a fifty-two week high of $21.77. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were given a $0.076 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.91 annualized dividend and a yield of 4.22%.

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.