First PREMIER Bank Sells 475 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

First PREMIER Bank decreased its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,945 shares of the company’s stock after selling 475 shares during the quarter. First PREMIER Bank’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $870,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 59,775 shares of the company’s stock valued at $1,271,000 after acquiring an additional 1,020 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in Invesco High Yield Equity Dividend Achievers ETF by 106.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 25,830 shares of the company’s stock valued at $549,000 after purchasing an additional 13,290 shares during the period. Founders Grove Wealth Partners LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at $4,871,000. AdvisorNet Financial Inc increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 14.2% during the 4th quarter. AdvisorNet Financial Inc now owns 78,860 shares of the company’s stock valued at $1,677,000 after purchasing an additional 9,816 shares during the last quarter. Finally, Capital Investment Advisors LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 7.0% during the 4th quarter. Capital Investment Advisors LLC now owns 18,349 shares of the company’s stock worth $390,000 after purchasing an additional 1,200 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

PEY opened at $21.55 on Thursday. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $19.22 and a fifty-two week high of $23.22. The firm has a 50-day moving average of $21.84 and a 200 day moving average of $21.56. The firm has a market cap of $1.21 billion, a P/E ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st will be given a dividend of $0.0837 per share. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08. The ex-dividend date is Tuesday, January 21st.

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.