GLOBALT Investments LLC GA Lowers Stock Holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

GLOBALT Investments LLC GA decreased its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,683 shares of the company’s stock after selling 2,429 shares during the period. GLOBALT Investments LLC GA’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,864,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Rialto Wealth Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $25,000. ST Germain D J Co. Inc. purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $32,000. Wagner Wealth Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $39,000. US Bancorp DE raised its position in Invesco High Yield Equity Dividend Achievers ETF by 244.9% during the fourth quarter. US Bancorp DE now owns 2,014 shares of the company’s stock valued at $43,000 after purchasing an additional 1,430 shares in the last quarter. Finally, Synergy Investment Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $68,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.6 %

NASDAQ PEY opened at $21.42 on Monday. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.22 and a 1-year high of $23.22. The stock has a 50-day moving average of $21.64 and a 200-day moving average of $21.78. The firm has a market cap of $1.20 billion, a PE ratio of 15.46 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a $0.0701 dividend. The ex-dividend date of this dividend was Monday, February 24th.

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.