Janney Montgomery Scott LLC Has $1.29 Million Stock Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Janney Montgomery Scott LLC increased its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 3.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,755 shares of the company’s stock after acquiring an additional 1,786 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,288,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Waverly Advisors LLC increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.6% in the 1st quarter. Waverly Advisors LLC now owns 353,047 shares of the company’s stock valued at $7,290,000 after purchasing an additional 21,713 shares during the period. B. Riley Wealth Advisors Inc. boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 13.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 27,027 shares of the company’s stock valued at $519,000 after buying an additional 3,191 shares during the period. Atria Investments Inc grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.9% during the 1st quarter. Atria Investments Inc now owns 168,441 shares of the company’s stock valued at $3,478,000 after acquiring an additional 3,143 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 294.2% in the first quarter. Cetera Investment Advisers now owns 415,494 shares of the company’s stock worth $8,580,000 after acquiring an additional 310,095 shares during the last quarter. Finally, Cetera Advisors LLC raised its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 256.4% during the first quarter. Cetera Advisors LLC now owns 68,107 shares of the company’s stock worth $1,406,000 after acquiring an additional 48,998 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.4 %

PEY opened at $22.08 on Friday. The stock has a fifty day moving average price of $21.75 and a 200 day moving average price of $20.90. Invesco High Yield Equity Dividend Achievers ETF has a 1 year low of $19.14 and a 1 year high of $22.46. The stock has a market cap of $1.25 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 company also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were paid a $0.09 dividend. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, October 21st. This represents a $1.08 annualized dividend and a dividend yield of 4.89%.

Invesco High Yield Equity Dividend Achievers ETF 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.