Virtu Financial LLC Boosts Holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Virtu Financial LLC lifted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 259.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,791 shares of the company’s stock after acquiring an additional 126,180 shares during the period. Virtu Financial LLC owned 0.30% of Invesco High Yield Equity Dividend Achievers ETF worth $3,433,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers increased its position in Invesco High Yield Equity Dividend Achievers ETF by 294.2% during the 1st quarter. Cetera Investment Advisers now owns 415,494 shares of the company’s stock worth $8,580,000 after purchasing an additional 310,095 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF in the 4th quarter valued at $2,340,000. GLOBALT Investments LLC GA purchased a new position in Invesco High Yield Equity Dividend Achievers ETF in the fourth quarter valued at about $2,306,000. Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the second quarter worth about $967,000. Finally, Cetera Advisors LLC boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 256.4% in the first quarter. Cetera Advisors LLC now owns 68,107 shares of the company’s stock worth $1,406,000 after buying an additional 48,998 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of NASDAQ:PEY opened at $21.74 on Tuesday. The business’s 50-day simple moving average is $21.12 and its 200 day simple moving average is $20.37. The company has a market cap of $1.25 billion, a P/E ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $17.94 and a one year high of $21.84.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were given a dividend of $0.076 per share. The ex-dividend date was Monday, August 19th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.20%.

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.