Wagner Wealth Management LLC Makes New Investment in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Wagner Wealth Management LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,851 shares of the company’s stock, valued at approximately $39,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fortitude Family Office LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the third quarter valued at approximately $31,000. ST Germain D J Co. Inc. acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at approximately $32,000. Farther Finance Advisors LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 889.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock valued at $97,000 after acquiring an additional 3,977 shares during the period. Crews Bank & Trust acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth about $153,000. Finally, Novare Capital Management LLC increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 14.7% during the 4th quarter. Novare Capital Management LLC now owns 11,735 shares of the company’s stock worth $249,000 after purchasing an additional 1,500 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of NASDAQ:PEY opened at $21.67 on Monday. The company has a 50-day simple moving average of $21.65 and a 200 day simple moving average of $21.68. The company has a market capitalization of $1.21 billion, a P/E 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 firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders 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 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.