Brick & Kyle Associates Purchases 1,107 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Brick & Kyle Associates grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 1.1% in the 2nd quarter, Holdings Channel reports. The fund owned 98,778 shares of the company’s stock after buying an additional 1,107 shares during the period. Brick & Kyle Associates’ holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,940,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PEY. Focus Financial Network Inc. ADV acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF in the fourth quarter valued at approximately $504,000. CIBC Private Wealth Group LLC lifted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 28,615 shares of the company’s stock valued at $605,000 after acquiring an additional 1,835 shares during the last quarter. Waverly Advisors LLC boosted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.9% during the 4th quarter. Waverly Advisors LLC now owns 331,334 shares of the company’s stock valued at $7,004,000 after acquiring an additional 6,084 shares in the last quarter. GLOBALT Investments LLC GA acquired a new position in Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter worth about $2,306,000. Finally, Chicago Partners Investment Group LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the fourth quarter valued at about $244,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.8 %

NASDAQ:PEY opened at $21.86 on Friday. The stock’s 50-day moving average is $21.35 and its 200-day moving average is $20.48. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $17.94 and a 1-year high of $22.01. The stock has a market cap of $1.25 billion, a P/E ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.074 dividend. This represents a $0.89 annualized dividend and a yield of 4.06%. The ex-dividend date of this dividend was Monday, September 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.