PNC Financial Services Group Inc. Has $280,000 Stock Holdings in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

PNC Financial Services Group Inc. cut its position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 7.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,149 shares of the company’s stock after selling 1,058 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $280,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth $13,455,000. Founders Grove Wealth Partners LLC acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth $4,871,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 113.6% during the fourth quarter. Jones Financial Companies Lllp now owns 138,066 shares of the company’s stock worth $2,935,000 after acquiring an additional 73,433 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 35.2% during the third quarter. Sanctuary Advisors LLC now owns 233,351 shares of the company’s stock worth $5,313,000 after acquiring an additional 60,693 shares during the period. Finally, Apexium Financial LP acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth $1,161,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.7 %

Shares of NASDAQ:PEY opened at $21.42 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.22 and a 12 month high of $23.22. The company’s fifty day simple moving average is $21.70 and its 200 day simple moving average is $21.77. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 15.66 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

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

Invesco High Yield Equity Dividend Achievers ETF 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.