Creative Planning Sells 635 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Creative Planning trimmed its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,403 shares of the company’s stock after selling 635 shares during the period. Creative Planning’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $519,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Stolper Co grew its stake in Invesco High Yield Equity Dividend Achievers ETF by 2.1% during the second quarter. Stolper Co now owns 29,077 shares of the company’s stock valued at $571,000 after acquiring an additional 610 shares in the last quarter. RFG Advisory LLC raised its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.0% in the 2nd quarter. RFG Advisory LLC now owns 38,476 shares of the company’s stock valued at $756,000 after acquiring an additional 737 shares in the last quarter. Mather Group LLC. boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.7% during the 2nd quarter. Mather Group LLC. now owns 12,501 shares of the company’s stock valued at $258,000 after acquiring an additional 1,005 shares during the last quarter. Pasadena Private Wealth LLC grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 4.0% during the second quarter. Pasadena Private Wealth LLC now owns 28,561 shares of the company’s stock worth $561,000 after purchasing an additional 1,099 shares in the last quarter. Finally, Brick & Kyle Associates grew its stake in Invesco High Yield Equity Dividend Achievers ETF by 1.1% in 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 in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of PEY opened at $21.90 on Tuesday. 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 50 day simple moving average of $21.44 and a two-hundred day simple moving average of $20.60. The firm has a market cap of $1.24 billion, a P/E ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.074 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.89 annualized dividend and a dividend yield of 4.05%.

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.