Capital Investment Advisors LLC Purchases 1,200 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Capital Investment Advisors LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,349 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Capital Investment Advisors LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $390,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PEY. Envestnet Asset Management Inc. lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 150,547 shares of the company’s stock worth $2,957,000 after buying an additional 9,630 shares during the period. Axxcess Wealth Management LLC lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 182.2% during the 2nd quarter. Axxcess Wealth Management LLC now owns 147,955 shares of the company’s stock worth $2,906,000 after buying an additional 95,521 shares during the period. Wealth Alliance lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 10.7% during the 2nd quarter. Wealth Alliance now owns 53,970 shares of the company’s stock worth $1,060,000 after buying an additional 5,200 shares during the period. Brick & Kyle Associates lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.1% during the 2nd quarter. Brick & Kyle Associates now owns 98,778 shares of the company’s stock worth $1,940,000 after buying an additional 1,107 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the 2nd quarter valued at $3,451,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of PEY opened at $21.50 on Thursday. The stock has a fifty day moving average price of $21.89 and a two-hundred day moving average price of $21.48. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $19.22 and a 52-week high of $23.22. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.083 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Monday, December 23rd.

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.