Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Sold by Principal Securities Inc.

Principal Securities Inc. trimmed its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,954 shares of the company’s stock after selling 628 shares during the period. Principal Securities Inc. owned approximately 0.07% of Invesco High Yield Equity Dividend Achievers ETF worth $871,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PEY. Fortitude Family Office LLC acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 3rd quarter valued at approximately $31,000. ST Germain D J Co. Inc. purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter valued at approximately $32,000. Wagner Wealth Management LLC purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter valued at approximately $39,000. Farther Finance Advisors LLC increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 889.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock valued at $97,000 after purchasing an additional 3,977 shares in the last quarter. Finally, Crews Bank & Trust purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter valued at approximately $153,000.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

NASDAQ:PEY opened at $22.01 on Friday. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. The company has a 50 day moving average price of $21.55 and a 200-day moving average price of $21.70. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.22 and a 1-year high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were issued a dividend of $0.0837 per share. This is a positive change 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.