GPS Wealth Strategies Group LLC Makes New $47,000 Investment in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

GPS Wealth Strategies Group LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEYFree Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,375 shares of the company’s stock, valued at approximately $47,000.

A number of other large investors also recently modified their holdings of PEY. Cetera Investment Advisers lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 20.0% in the first quarter. Cetera Investment Advisers now owns 85,942 shares of the company’s stock valued at $1,876,000 after purchasing an additional 14,334 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the first quarter valued at approximately $251,000. NewEdge Advisors LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 28.2% during the first quarter. NewEdge Advisors LLC now owns 71,259 shares of the company’s stock valued at $1,556,000 after acquiring an additional 15,661 shares during the last quarter. Equitable Holdings Inc. increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.4% during the first quarter. Equitable Holdings Inc. now owns 72,940 shares of the company’s stock valued at $1,592,000 after acquiring an additional 1,006 shares during the last quarter. Finally, Worth Asset Management LLC purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the first quarter valued at approximately $460,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.1 %

Shares of PEY opened at $19.22 on Friday. The stock has a 50 day moving average of $18.94 and a 200 day moving average of $19.43. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $18.12 and a 12 month high of $22.05. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 12.49 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 23rd. Shareholders of record on Wednesday, June 21st were given a $0.0713 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05. This represents a $0.86 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date was Tuesday, June 20th.

Invesco High Yield Equity Dividend Achievers ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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