Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Sold by Planning Capital Management Corp

Planning Capital Management Corp lessened its stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 10.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,076 shares of the company’s stock after selling 607 shares during the quarter. Planning Capital Management Corp’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $111,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Fortitude Family Office LLC bought a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the 3rd quarter valued at about $31,000. Fifth Third Bancorp grew its position in Invesco High Yield Equity Dividend Achievers ETF by 81.7% in the 2nd quarter. Fifth Third Bancorp now owns 3,634 shares of the company’s stock worth $71,000 after purchasing an additional 1,634 shares during the last quarter. CWM LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 164.6% in the 2nd quarter. CWM LLC now owns 4,213 shares of the company’s stock worth $83,000 after purchasing an additional 2,621 shares during the last quarter. Farther Finance Advisors LLC grew its position in 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 worth $97,000 after purchasing an additional 3,977 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new position in Invesco High Yield Equity Dividend Achievers ETF in the 2nd quarter worth about $106,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.1 %

NASDAQ PEY opened at $22.18 on Thursday. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $18.79 and a 52 week high of $22.46. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. The company has a 50-day moving average price of $21.74 and a two-hundred day moving average price of $20.90.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were given a $0.09 dividend. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.08 annualized dividend and a yield of 4.87%.

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.