Beacon Pointe Advisors LLC Sells 8,246 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Beacon Pointe Advisors LLC lessened its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEYGet Rating) by 11.1% during the second quarter, Holdings Channel reports. The fund owned 66,163 shares of the company’s stock after selling 8,246 shares during the period. Beacon Pointe Advisors LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Simplex Trading LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 95.7% during the 1st quarter. Simplex Trading LLC now owns 2,108 shares of the company’s stock worth $46,000 after buying an additional 1,031 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 85.6% in the first quarter. Envestnet Asset Management Inc. now owns 169,121 shares of the company’s stock worth $3,692,000 after purchasing an additional 78,007 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 4.4% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 23,233 shares of the company’s stock worth $507,000 after purchasing an additional 986 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 11.6% in the first quarter. Commonwealth Equity Services LLC now owns 187,624 shares of the company’s stock worth $4,095,000 after purchasing an additional 19,508 shares during the period. Finally, Advisor Group Holdings Inc. increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 16.8% in the first quarter. Advisor Group Holdings Inc. now owns 185,800 shares of the company’s stock worth $2,463,000 after purchasing an additional 26,760 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of NASDAQ PEY opened at $21.35 on Thursday. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $18.53 and a 52 week high of $22.67. The stock’s fifty day moving average is $19.98 and its 200 day moving average is $20.65.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 25th. Investors of record on Tuesday, November 22nd will be given a $0.069 dividend. The ex-dividend date of this dividend is Monday, November 21st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.88%. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

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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.

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Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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