United Capital Financial Advisers LLC lifted its stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 2.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,133,111 shares of the company’s stock after purchasing an additional 26,767 shares during the quarter. United Capital Financial Advisers LLC owned 2.41% of Invesco High Yield Equity Dividend Achievers ETF worth $20,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 4.4% in the second quarter. Wells Fargo & Company MN now owns 878,557 shares of the company’s stock worth $15,937,000 after purchasing an additional 36,752 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.7% in the second quarter. LPL Financial LLC now owns 323,040 shares of the company’s stock worth $5,860,000 after purchasing an additional 25,781 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 7.7% in the second quarter. Commonwealth Equity Services LLC now owns 217,122 shares of the company’s stock worth $3,938,000 after purchasing an additional 15,523 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 65.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 178,203 shares of the company’s stock worth $3,184,000 after purchasing an additional 70,711 shares in the last quarter. Finally, Resources Investment Advisors Inc. lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 0.5% in the first quarter. Resources Investment Advisors Inc. now owns 152,691 shares of the company’s stock worth $2,729,000 after purchasing an additional 721 shares in the last quarter.

Separately, Canaccord Genuity reissued an “average” rating and issued a $7.00 price target on shares of Invesco High Yield Equity Dividend Achievers ETF in a research report on Tuesday, July 9th.

PEY traded down $0.03 during midday trading on Friday, hitting $18.51. 2,639 shares of the company’s stock traded hands, compared to its average volume of 152,838. The stock’s fifty day simple moving average is $17.82 and its 200-day simple moving average is $17.92. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $15.03 and a one year high of $18.59.

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Tuesday, August 20th were given a dividend of $0.062 per share. This represents a $0.74 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend was Monday, August 19th. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.06.

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.

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

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