Opus Capital Group LLC Invests $210,000 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) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,920 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PEY. Citigroup Inc. acquired a new position in Invesco High Yield Equity Dividend Achievers ETF in the 2nd quarter valued at about $32,000. Ancora Advisors LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF in the third quarter valued at approximately $44,000. Geneos Wealth Management Inc. grew its position in Invesco High Yield Equity Dividend Achievers ETF by 25.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,127 shares of the company’s stock worth $66,000 after acquiring an additional 625 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth $82,000. Finally, NBC Securities Inc. purchased a new stake in Invesco High Yield Equity Dividend Achievers ETF in the third quarter valued at $85,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of NASDAQ PEY traded up $0.07 during mid-day 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 firm has a market capitalization 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. The company’s 50-day moving average is $19.93 and its 200-day moving average is $19.83.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

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

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.