10,472 Shares in Invesco High Yield Equity Dividend Achievers ETF $PEY Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. acquired a new position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,472 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 12.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 5,352 shares of the company’s stock worth $115,000 after acquiring an additional 574 shares during the last quarter. AE Wealth Management LLC raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 8.5% in the 1st quarter. AE Wealth Management LLC now owns 7,464 shares of the company’s stock worth $160,000 after acquiring an additional 582 shares during the last quarter. Stolper Co raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 3.2% in the 2nd quarter. Stolper Co now owns 29,786 shares of the company’s stock worth $608,000 after acquiring an additional 927 shares during the last quarter. Capital Analysts LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF in the 1st quarter worth approximately $27,000. Finally, Millstone Evans Group LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF in the 1st quarter worth approximately $33,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.2%

Shares of NASDAQ PEY opened at $20.66 on Monday. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $18.32 and a twelve month high of $23.22. The firm has a market cap of $1.06 billion, a P/E ratio of 13.11 and a beta of 0.74. The company has a 50 day moving average of $21.10 and a 200 day moving average of $20.74.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were paid a dividend of $0.0953 per share. The ex-dividend date was Monday, October 20th. This represents a c) dividend on an annualized basis and a yield of 5.5%. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.09.

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.