Pasadena Private Wealth LLC Grows Stock Holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Pasadena Private Wealth LLC boosted its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 29.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 33,545 shares of the company’s stock after buying an additional 7,629 shares during the period. Pasadena Private Wealth LLC owned 0.06% of Invesco High Yield Equity Dividend Achievers ETF worth $713,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Stifel Financial Corp raised its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 48.2% during the third quarter. Stifel Financial Corp now owns 57,844 shares of the company’s stock valued at $1,269,000 after buying an additional 18,823 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in 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 last quarter. Farther Finance Advisors LLC lifted its stake in 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 worth $97,000 after purchasing an additional 3,977 shares in the last quarter. FMR LLC increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.8% in the third quarter. FMR LLC now owns 21,861 shares of the company’s stock worth $479,000 after purchasing an additional 1,765 shares during the last quarter. Finally, Meridian Wealth Management LLC increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 7.2% in the third quarter. Meridian Wealth Management LLC now owns 192,444 shares of the company’s stock worth $4,220,000 after purchasing an additional 12,965 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.5 %

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $22.06 on Wednesday. The firm has a market cap of $1.23 billion, a PE ratio of 14.21 and a beta of 0.87. The stock has a 50 day moving average of $21.56 and a 200 day moving average of $21.69. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.22 and a 12 month high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were 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 was 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.