Invesco High Yield Equity Dividend Achievers ETF $PEY Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 6.8% during the 1st quarter, HoldingsChannel reports. The fund owned 412,546 shares of the company’s stock after selling 29,940 shares during the period. Cetera Investment Advisers’ holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $8,836,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.6% in the 3rd quarter. Raymond James Financial Inc. now owns 668,913 shares of the company’s stock valued at $14,092,000 after purchasing an additional 17,002 shares in the last quarter. UBS Group AG boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 2.9% during the fourth quarter. UBS Group AG now owns 296,426 shares of the company’s stock worth $6,043,000 after purchasing an additional 8,219 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 155.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 268,216 shares of the company’s stock worth $5,469,000 after purchasing an additional 163,387 shares in the last quarter. Royal Bank of Canada grew its holdings in Invesco High Yield Equity Dividend Achievers ETF by 28.2% in the fourth quarter. Royal Bank of Canada now owns 263,179 shares of the company’s stock valued at $5,366,000 after purchasing an additional 57,841 shares during the period. Finally, Good Steward Wealth Advisors LLC grew its holdings in Invesco High Yield Equity Dividend Achievers ETF by 15.0% in the fourth quarter. Good Steward Wealth Advisors LLC now owns 218,798 shares of the company’s stock valued at $4,460,000 after purchasing an additional 28,604 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Invesco High Yield Equity Dividend Achievers ETF stock opened at $24.16 on Friday. The stock has a market capitalization of $1.13 billion, a PE ratio of 13.11 and a beta of 0.66. The business has a 50 day simple moving average of $23.42 and a 200-day simple moving average of $22.26. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.58 and a 12 month high of $25.06.

Invesco High Yield Equity Dividend Achievers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.0971 dividend. The ex-dividend date of this dividend was Monday, July 20th.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.