Opus Capital Group LLC Makes New Investment in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Opus Capital Group LLC acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) during the 4th quarter, Holdings Channel reports. The fund acquired 9,920 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors have also recently bought and sold shares of the company. Morgan Stanley raised its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 15.1% in the fourth quarter. Morgan Stanley now owns 3,232,314 shares of the company’s stock valued at $66,877,000 after purchasing an additional 423,889 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Invesco High Yield Equity Dividend Achievers ETF by 25.0% in the first quarter. Ameriprise Financial Inc. now owns 1,867,602 shares of the company’s stock valued at $37,214,000 after acquiring an additional 373,982 shares during the last quarter. United Capital Financial Advisers LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 1.1% in the 4th quarter. United Capital Financial Advisers LLC now owns 1,405,737 shares of the company’s stock valued at $29,085,000 after acquiring an additional 15,134 shares during the period. Wells Fargo & Company MN increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 28.9% during the 2nd quarter. Wells Fargo & Company MN now owns 1,393,795 shares of the company’s stock worth $26,789,000 after purchasing an additional 312,197 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 4.8% in the 1st quarter. UBS Group AG now owns 900,350 shares of the company’s stock valued at $17,935,000 after purchasing an additional 41,613 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Invesco High Yield Equity Dividend Achievers ETF stock traded up $0.07 during midday trading on Wednesday, reaching $19.37. 245,964 shares of the company’s stock were exchanged, compared to its average volume of 362,617. The stock’s 50-day simple moving average is $19.93 and its 200 day simple moving average is $19.83. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 12.49 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $17.94 and a 52 week high of $21.50.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.077 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date was Monday, March 18th. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

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.