Cetera Investment Advisers Reduces Stock Holdings in Invesco High Yield Equity Dividend Achievers ETF $PEY

Cetera Investment Advisers lowered its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 6.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 412,546 shares of the company’s stock after selling 29,940 shares during the quarter. Cetera Investment Advisers owned 0.87% of Invesco High Yield Equity Dividend Achievers ETF worth $8,836,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. First Trust Advisors LP purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF in the second quarter valued at $260,000. Raymond James Financial Inc. raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 651,911 shares of the company’s stock valued at $13,306,000 after buying an additional 9,533 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 32.7% during the 2nd quarter. EP Wealth Advisors LLC now owns 6,896 shares of the company’s stock valued at $141,000 after buying an additional 1,700 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.2% in the 2nd quarter. MML Investors Services LLC now owns 67,607 shares of the company’s stock valued at $1,380,000 after buying an additional 783 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.2% in the 2nd quarter. Captrust Financial Advisors now owns 84,466 shares of the company’s stock valued at $1,724,000 after buying an additional 6,406 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.8%

Shares of PEY opened at $24.16 on Friday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 13.11 and a beta of 0.66. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.58 and a 52 week high of $25.06. The stock’s 50-day moving average price is $23.42 and its 200-day moving average price is $22.26.

Invesco High Yield Equity Dividend Achievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a dividend of $0.0971 per share. The ex-dividend date of this dividend was Monday, July 20th.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.