Janney Montgomery Scott LLC Purchases 1,020 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Janney Montgomery Scott LLC increased its holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,775 shares of the company’s stock after acquiring an additional 1,020 shares during the period. Janney Montgomery Scott LLC owned about 0.11% of Invesco High Yield Equity Dividend Achievers ETF worth $1,271,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Stifel Financial Corp lifted its stake in Invesco High Yield Equity Dividend Achievers ETF by 48.2% in the 3rd quarter. Stifel Financial Corp now owns 57,844 shares of the company’s stock worth $1,269,000 after purchasing an additional 18,823 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 889.7% in the third quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock worth $97,000 after buying an additional 3,977 shares in the last quarter. FMR LLC boosted its stake in Invesco High Yield Equity Dividend Achievers ETF by 8.8% during the third quarter. FMR LLC now owns 21,861 shares of the company’s stock valued at $479,000 after buying an additional 1,765 shares during the period. Meridian Wealth Management LLC grew its position in Invesco High Yield Equity Dividend Achievers ETF by 7.2% during the third quarter. Meridian Wealth Management LLC now owns 192,444 shares of the company’s stock worth $4,220,000 after buying an additional 12,965 shares in the last quarter. Finally, Prospera Financial Services Inc increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 2.6% in the 3rd quarter. Prospera Financial Services Inc now owns 36,814 shares of the company’s stock worth $807,000 after acquiring an additional 932 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.5 %

NASDAQ PEY opened at $21.67 on Wednesday. The stock has a 50-day moving average of $21.73 and a 200-day moving average of $21.66. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.22 and a 1-year high of $23.22. The firm has a market cap of $1.21 billion, a PE ratio of 14.21 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.0837 per share. This is a boost 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.