Evoke Wealth LLC Sells 310,950 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Evoke Wealth LLC trimmed its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 95.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,115 shares of the company’s stock after selling 310,950 shares during the quarter. Evoke Wealth LLC’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $277,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Alliance grew its position in Invesco High Yield Equity Dividend Achievers ETF by 10.7% in the second quarter. Wealth Alliance now owns 53,970 shares of the company’s stock valued at $1,060,000 after acquiring an additional 5,200 shares during the period. Axxcess Wealth Management LLC grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 182.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 147,955 shares of the company’s stock worth $2,906,000 after purchasing an additional 95,521 shares during the last quarter. Virtu Financial LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 259.6% during the 2nd quarter. Virtu Financial LLC now owns 174,791 shares of the company’s stock worth $3,433,000 after purchasing an additional 126,180 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Invesco High Yield Equity Dividend Achievers ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 150,547 shares of the company’s stock valued at $2,957,000 after purchasing an additional 9,630 shares during the last quarter. Finally, Stolper Co boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 2.1% in the second quarter. Stolper Co now owns 29,077 shares of the company’s stock valued at $571,000 after buying an additional 610 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.7 %

NASDAQ PEY opened at $21.74 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $17.94 and a 1-year high of $21.96. The company has a 50 day moving average of $21.27 and a 200-day moving average of $20.42. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

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

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.