Eagle Strategies LLC Makes New Investment in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Eagle Strategies LLC bought a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,285 shares of the company’s stock, valued at approximately $418,000.

Other large investors also recently modified their holdings of the company. Chilton Capital Management LLC bought a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the 1st quarter valued at about $31,000. Fifth Third Bancorp raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 81.7% during the 2nd quarter. Fifth Third Bancorp now owns 3,634 shares of the company’s stock worth $71,000 after buying an additional 1,634 shares during the period. CWM LLC lifted its stake in Invesco High Yield Equity Dividend Achievers ETF by 164.6% in the second quarter. CWM LLC now owns 4,213 shares of the company’s stock valued at $83,000 after buying an additional 2,621 shares in the last quarter. Bristlecone Advisors LLC acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF in the second quarter valued at approximately $106,000. Finally, Chicago Partners Investment Group LLC bought a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth $244,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.4 %

Shares of NASDAQ:PEY opened at $21.26 on Friday. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $17.94 and a 12 month high of $21.84. The company’s fifty day simple moving average is $21.00 and its 200 day simple moving average is $20.32.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were issued a $0.076 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.29%.

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.