Fifth Third Bancorp Increases Position in Invesco High Yield Equity Dividend Achievers ETF $PEY

Fifth Third Bancorp lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 1,078.4% during the first quarter, Holdings Channel reports. The institutional investor owned 76,997 shares of the company’s stock after purchasing an additional 70,463 shares during the period. Fifth Third Bancorp’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $1,649,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco High Yield Equity Dividend Achievers ETF by 155.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 268,216 shares of the company’s stock valued at $5,469,000 after acquiring an additional 163,387 shares during the period. Virtu Financial LLC boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 402.6% in the fourth quarter. Virtu Financial LLC now owns 84,130 shares of the company’s stock worth $1,715,000 after acquiring an additional 67,392 shares during the period. Royal Bank of Canada boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 28.2% in the fourth quarter. Royal Bank of Canada now owns 263,179 shares of the company’s stock worth $5,366,000 after acquiring an additional 57,841 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the third quarter worth about $636,000. Finally, Good Steward Wealth Advisors LLC grew its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 15.0% during the fourth quarter. Good Steward Wealth Advisors LLC now owns 218,798 shares of the company’s stock worth $4,460,000 after purchasing an additional 28,604 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.0%

Shares of PEY opened at $24.37 on Thursday. The business’s 50 day moving average is $23.07 and its 200 day moving average is $22.10. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $19.58 and a 12-month high of $25.00. The company has a market capitalization of $1.14 billion, a PE ratio of 13.11 and a beta of 0.66.

Invesco High Yield Equity Dividend Achievers ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, July 24th. Investors of record on Monday, July 20th will be given a dividend of $0.0971 per share. The ex-dividend date is Monday, July 20th.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.