75,185 Shares in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Bought by Axis Wealth Partners LLC

Axis Wealth Partners LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 75,185 shares of the company’s stock, valued at approximately $1,598,000. Invesco High Yield Equity Dividend Achievers ETF makes up approximately 1.3% of Axis Wealth Partners LLC’s investment portfolio, making the stock its 20th largest holding. Axis Wealth Partners LLC owned about 0.13% of Invesco High Yield Equity Dividend Achievers ETF as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Rialto Wealth Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth about $25,000. ST Germain D J Co. Inc. acquired a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth about $32,000. Wagner Wealth Management LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $39,000. US Bancorp DE boosted its holdings in Invesco High Yield Equity Dividend Achievers ETF by 244.9% in the fourth quarter. US Bancorp DE now owns 2,014 shares of the company’s stock valued at $43,000 after purchasing an additional 1,430 shares in the last quarter. Finally, Synergy Investment Management LLC purchased a new position in Invesco High Yield Equity Dividend Achievers ETF in the fourth quarter valued at approximately $68,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.5 %

Shares of NASDAQ:PEY opened at $21.96 on Friday. The firm has a 50 day simple moving average of $21.62 and a 200-day simple moving average of $21.77. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $19.22 and a twelve month high of $23.22. The company has a market capitalization of $1.23 billion, a PE ratio of 15.46 and a beta of 0.87.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders 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.