Harbour Investments Inc. Sells 2,563 Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Harbour Investments Inc. lessened its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 5.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,397 shares of the company’s stock after selling 2,563 shares during the period. Harbour Investments Inc. owned approximately 0.07% of Invesco High Yield Equity Dividend Achievers ETF worth $908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the third quarter valued at $31,000. Fifth Third Bancorp boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 81.7% during the 2nd quarter. Fifth Third Bancorp now owns 3,634 shares of the company’s stock valued at $71,000 after acquiring an additional 1,634 shares during the last quarter. CWM LLC grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 164.6% during the second quarter. CWM LLC now owns 4,213 shares of the company’s stock worth $83,000 after purchasing an additional 2,621 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 889.7% in the third quarter. Farther Finance Advisors LLC now owns 4,424 shares of the company’s stock worth $97,000 after purchasing an additional 3,977 shares during the last quarter. Finally, Bristlecone Advisors LLC purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF in the second quarter valued at approximately $106,000.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $22.08 on Friday. The company has a 50 day simple moving average of $21.75 and a two-hundred day simple moving average of $20.90. The firm has a market cap of $1.25 billion, a PE ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 1 year low of $19.14 and a 1 year high of $22.46.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were paid a $0.09 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date was Monday, October 21st. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07.

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.