Bank of America Corp DE Decreases Holdings in Invesco High Yield Equity Dividend Achievers ETF $PEY

Bank of America Corp DE decreased its stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,546,989 shares of the company’s stock after selling 351,671 shares during the period. Bank of America Corp DE owned approximately 0.10% of Invesco High Yield Equity Dividend Achievers ETF worth $97,388,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PEY. Comerica Bank grew its holdings in Invesco High Yield Equity Dividend Achievers ETF by 0.7% in the 4th quarter. Comerica Bank now owns 78,115 shares of the company’s stock worth $1,592,000 after acquiring an additional 522 shares during the last quarter. Sovereign Financial Group Inc. raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.7% during the first quarter. Sovereign Financial Group Inc. now owns 20,198 shares of the company’s stock valued at $433,000 after acquiring an additional 526 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 35,547 shares of the company’s stock worth $725,000 after purchasing an additional 584 shares during the period. Mariner LLC boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.4% during the third quarter. Mariner LLC now owns 42,121 shares of the company’s stock worth $887,000 after purchasing an additional 597 shares during the period. Finally, MML Investors Services LLC grew its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.2% in the second quarter. MML Investors Services LLC now owns 67,607 shares of the company’s stock worth $1,380,000 after purchasing an additional 783 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

NASDAQ PEY opened at $24.96 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 1 year low of $19.58 and a 1 year high of $25.06. The stock has a market capitalization of $1.17 billion, a PE ratio of 13.11 and a beta of 0.65. The business’s 50-day moving average is $23.64 and its 200 day moving average is $22.38.

Invesco High Yield Equity Dividend Achievers ETF Announces Dividend

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