Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Purchased by Truist Financial Corp

Truist Financial Corp increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,973 shares of the company’s stock after purchasing an additional 634 shares during the period. Truist Financial Corp’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $510,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. ST Germain D J Co. Inc. acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $32,000. Wagner Wealth Management LLC acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $39,000. Farther Finance Advisors LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 889.7% during the third 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 last quarter. Crews Bank & Trust acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $153,000. Finally, Novare Capital Management LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 14.7% during the fourth quarter. Novare Capital Management LLC now owns 11,735 shares of the company’s stock valued at $249,000 after acquiring an additional 1,500 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

NASDAQ PEY opened at $21.97 on Tuesday. The firm has a 50 day simple moving average of $21.59 and a 200-day simple moving average of $21.76. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $19.22 and a one year high of $23.22. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 15.46 and a beta of 0.84.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a $0.0701 dividend. The ex-dividend date was Monday, February 24th.

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.