Virtu Financial LLC Invests $1.95 Million in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Virtu Financial LLC bought a new position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 91,489 shares of the company’s stock, valued at approximately $1,945,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Rialto Wealth Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at $25,000. ST Germain D J Co. Inc. acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at $32,000. Wagner Wealth Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at $39,000. US Bancorp DE raised its position in Invesco High Yield Equity Dividend Achievers ETF by 244.9% during the fourth quarter. US Bancorp DE now owns 2,014 shares of the company’s stock valued at $43,000 after buying an additional 1,430 shares during the period. Finally, Synergy Investment Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at $68,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.7 %

NASDAQ:PEY opened at $21.42 on Friday. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 15.66 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.22 and a 1-year high of $23.22. The business’s fifty day moving average price is $21.70 and its 200 day moving average price is $21.77.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were given a dividend of $0.0701 per share. 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.