B. Riley Wealth Advisors Inc. Reduces Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

B. Riley Wealth Advisors Inc. decreased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 9.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,132 shares of the company’s stock after selling 2,381 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $520,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. 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 acquiring an additional 1,786 shares during the period. Farther Finance Advisors LLC grew its stake in Invesco High Yield Equity Dividend Achievers ETF by 889.7% during 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. Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the second quarter valued at about $967,000. Bristlecone Advisors LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the second quarter worth about $106,000. Finally, IFG Advisory LLC lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 18.0% during the second quarter. IFG Advisory LLC now owns 19,623 shares of the company’s stock worth $385,000 after purchasing an additional 2,997 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.2 %

Shares of NASDAQ PEY opened at $21.10 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.22 and a 52 week high of $23.22. The business’s 50 day moving average price is $22.12 and its 200 day moving average price is $21.28. The firm has a market cap of $1.19 billion, a P/E ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were issued a $0.0773 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, November 18th.

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.