Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC lowered its stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 230,115 shares of the company’s stock after selling 17,878 shares during the period. Salomon & Ludwin LLC owned 0.41% of Invesco High Yield Equity Dividend Achievers ETF worth $4,892,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Capital Investment Counsel LLC increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 2.1% during the third quarter. Capital Investment Counsel LLC now owns 356,629 shares of the company’s stock valued at $7,821,000 after purchasing an additional 7,324 shares during the last quarter. Investors Research Corp grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 7.2% during the 3rd quarter. Investors Research Corp now owns 261,700 shares of the company’s stock valued at $5,739,000 after buying an additional 17,500 shares during the last quarter. Sanctuary Advisors LLC raised its stake in Invesco High Yield Equity Dividend Achievers ETF by 35.2% during the third quarter. Sanctuary Advisors LLC now owns 233,351 shares of the company’s stock worth $5,313,000 after acquiring an additional 60,693 shares during the period. Founders Grove Wealth Partners LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the fourth quarter worth about $4,871,000. Finally, Meridian Wealth Management LLC lifted its holdings in Invesco High Yield Equity Dividend Achievers ETF by 7.2% in the third quarter. Meridian Wealth Management LLC now owns 192,444 shares of the company’s stock worth $4,220,000 after acquiring an additional 12,965 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.3 %

NASDAQ:PEY opened at $21.74 on Friday. The stock has a 50 day moving average of $21.57 and a 200-day moving average of $21.68. The firm has a market capitalization of $1.22 billion, a PE ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.22 and a 52 week high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

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

About Invesco High Yield Equity Dividend Achievers ETF

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.