West Bancorporation Inc. Takes Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

West Bancorporation Inc. acquired a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 5,250 shares of the company’s stock, valued at approximately $100,000.

Several other hedge funds have also recently bought and sold shares of the company. Hoey Investments Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $26,000. Tobias Financial Advisors Inc. purchased a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $80,000. Joseph P. Lucia & Associates LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 62.5% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 10,505 shares of the company’s stock worth $199,000 after purchasing an additional 4,040 shares during the last quarter. Cetera Advisors LLC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 18.2% during the third quarter. Cetera Advisors LLC now owns 13,001 shares of the company’s stock worth $237,000 after purchasing an additional 2,006 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 23,377.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 16,434 shares of the company’s stock worth $312,000 after purchasing an additional 16,364 shares during the last quarter.

NASDAQ:PEY traded down $0.39 during trading hours on Friday, hitting $16.48. The company’s stock had a trading volume of 819,632 shares, compared to its average volume of 229,893. The business’s 50-day moving average is $18.87 and its two-hundred day moving average is $18.41. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $16.02 and a 52-week high of $19.34.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 25th will be given a $0.067 dividend. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07. The ex-dividend date is Monday, February 24th. This represents a $0.80 annualized dividend and a yield of 4.88%.

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.

Read More: How do candlesticks reflect price movement?

Want to see what other hedge funds are holding PEY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY).

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

Receive News & Ratings for Invesco High Yield Equity Dividend Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco High Yield Equity Dividend Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.