Captrust Financial Advisors Sells 5,908 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Captrust Financial Advisors trimmed its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,239 shares of the company’s stock after selling 5,908 shares during the quarter. Captrust Financial Advisors owned 0.14% of Invesco High Yield Equity Dividend Achievers ETF worth $1,621,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its holdings in Invesco High Yield Equity Dividend Achievers ETF by 2.3% during the 4th quarter. Bank of America Corp DE now owns 6,148,404 shares of the company’s stock worth $130,715,000 after acquiring an additional 141,047 shares during the last quarter. LPL Financial LLC grew its holdings in Invesco High Yield Equity Dividend Achievers ETF by 2.4% during the 4th quarter. LPL Financial LLC now owns 1,937,371 shares of the company’s stock worth $41,188,000 after acquiring an additional 46,018 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $13,455,000. Investors Research Corp lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 7.1% in the 4th quarter. Investors Research Corp now owns 280,227 shares of the company’s stock worth $5,958,000 after purchasing an additional 18,527 shares during the period. Finally, Sanctuary Advisors LLC lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 3.9% in the 4th quarter. Sanctuary Advisors LLC now owns 242,424 shares of the company’s stock worth $5,309,000 after purchasing an additional 9,073 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of NASDAQ PEY opened at $20.60 on Wednesday. The company has a market capitalization of $1.13 billion, a P/E ratio of 13.30 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $18.32 and a 52-week high of $23.22. The company’s 50 day moving average price is $20.39 and its 200-day moving average price is $21.33.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 21st were given a $0.075 dividend. The ex-dividend date of this dividend was Monday, April 21st. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.07.

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.