JPMorgan Chase & Co. Sells 3,079 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

JPMorgan Chase & Co. lessened its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 19.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,822 shares of the company’s stock after selling 3,079 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $281,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Insights Inc. lifted its stake in Invesco High Yield Equity Dividend Achievers ETF by 3.7% during the 3rd quarter. Financial Insights Inc. now owns 14,100 shares of the company’s stock valued at $309,000 after acquiring an additional 500 shares during the period. Prospera Financial Services Inc grew 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 valued at $807,000 after acquiring an additional 932 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the third quarter worth about $31,000. Captrust Financial Advisors increased its stake in Invesco High Yield Equity Dividend Achievers ETF by 1.8% during the 3rd quarter. Captrust Financial Advisors now owns 82,147 shares of the company’s stock worth $1,801,000 after buying an additional 1,465 shares in the last quarter. Finally, Cresta Advisors Ltd. raised its stake in Invesco High Yield Equity Dividend Achievers ETF by 1.6% in the 3rd quarter. Cresta Advisors Ltd. now owns 97,319 shares of the company’s stock valued at $2,134,000 after purchasing an additional 1,566 shares during the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

NASDAQ:PEY opened at $21.90 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $19.22 and a one year high of $23.22. The stock has a 50 day moving average price of $21.81 and a 200 day moving average price of $21.63. The stock has a market cap of $1.22 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 announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a $0.0837 dividend. The ex-dividend date was Tuesday, January 21st. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

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.