Choreo LLC Takes $247,000 Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Choreo LLC acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 11,707 shares of the company’s stock, valued at approximately $247,000.

Several other large investors have also modified their holdings of PEY. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 17.1% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 297,170 shares of the company’s stock valued at $5,703,000 after acquiring an additional 43,459 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 18.2% in the third quarter. Stratos Wealth Partners LTD. now owns 43,278 shares of the company’s stock valued at $831,000 after acquiring an additional 6,655 shares during the period. NBC Securities Inc. acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the third quarter valued at approximately $85,000. Atria Investments Inc raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 64.6% during the third quarter. Atria Investments Inc now owns 181,007 shares of the company’s stock worth $3,474,000 after purchasing an additional 71,045 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 9.8% during the third quarter. Kestra Private Wealth Services LLC now owns 16,477 shares of the company’s stock worth $316,000 after purchasing an additional 1,469 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Invesco High Yield Equity Dividend Achievers ETF stock opened at $20.10 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $17.94 and a 12 month high of $21.50. The business has a 50 day simple moving average of $19.98 and a 200-day simple moving average of $19.92. The stock has a market capitalization of $1.19 billion, a PE ratio of 14.09 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were paid a dividend of $0.0701 per share. This represents a $0.84 annualized dividend and a dividend yield of 4.19%. The ex-dividend date was Monday, April 22nd. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

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.