Wealth Alliance Has $1.82 Million Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Wealth Alliance increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 41.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,645 shares of the company’s stock after buying an additional 25,183 shares during the quarter. Wealth Alliance’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,821,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. RFG Advisory LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 1.3% during the fourth quarter. RFG Advisory LLC now owns 36,500 shares of the company’s stock worth $776,000 after buying an additional 474 shares in the last quarter. Financial Insights Inc. grew its position in Invesco High Yield Equity Dividend Achievers ETF by 3.7% during the third quarter. Financial Insights Inc. now owns 14,100 shares of the company’s stock worth $309,000 after buying an additional 500 shares in the last quarter. Truist Financial Corp grew its position in Invesco High Yield Equity Dividend Achievers ETF by 2.7% during the fourth quarter. Truist Financial Corp now owns 23,973 shares of the company’s stock worth $510,000 after buying an additional 634 shares in the last quarter. Precedent Wealth Partners LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 2.0% during the fourth quarter. Precedent Wealth Partners LLC now owns 37,763 shares of the company’s stock worth $803,000 after buying an additional 745 shares in the last quarter. Finally, Prospera Financial Services Inc grew its position in Invesco High Yield Equity Dividend Achievers ETF by 2.6% during the third quarter. Prospera Financial Services Inc now owns 36,814 shares of the company’s stock worth $807,000 after buying an additional 932 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of NASDAQ:PEY opened at $22.08 on Thursday. The company has a market capitalization of $1.23 billion, a P/E ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 1 year low of $19.22 and a 1 year high of $23.22. The business’s 50 day simple moving average is $21.55 and its 200 day simple moving average is $21.70.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were issued a $0.0837 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

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.