NASDAQ:PEY

Invesco High Yield Equity Dividend Achievers ETF Stock Forecast, Price & News

$20.78
+0.09 (+0.44 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$20.71
Now: $20.78
$20.83
50-Day Range
$18.70
MA: $20.04
$20.68
52-Week Range
$12.45
Now: $20.78
$20.68
Volume209,935 shs
Average Volume209,442 shs
Market Capitalization$924.90 million
P/E RatioN/A
Dividend Yield3.62%
BetaN/A
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. Invesco PowerShares Capital Management LLC serves as investment adviser the Fund.

Basic Details

Issuer Invesco
Fund NameInvesco High Yield Equity Dividend Achievers ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:PEY
Inception Date12/6/2004
Fund ManagerPeter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon
Phone+1-800-9830903

Fund Focus

Asset ClassEquity
BenchmarkDividend Achiever 50 Index
CategoryStrategy
FocusHigh Dividend Yield
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$919.03 million
Average Daily Volume$151,193.00
Discount/Premium-0.01%

ETF Expenses

Management Fee0.40%
Other Expenses0.14%
Total Expenses0.54%
Fee Waiver0.00%
Net Expenses0.54%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerSusquehanna

Geographic Exposure of PEY

Currency Exposure of PEY

Sector Exposure of PEY

Industry Exposure of PEY

$20.78
+0.09 (+0.44 %)
(As of 04/16/2021 12:00 AM ET)
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Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Frequently Asked Questions

Is Invesco High Yield Equity Dividend Achievers ETF a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco High Yield Equity Dividend Achievers ETF in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Invesco High Yield Equity Dividend Achievers ETF stock.
View analyst ratings for Invesco High Yield Equity Dividend Achievers ETF
or view top-rated stocks.

What stocks does MarketBeat like better than Invesco High Yield Equity Dividend Achievers ETF?

Wall Street analysts have given Invesco High Yield Equity Dividend Achievers ETF a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Invesco High Yield Equity Dividend Achievers ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Invesco High Yield Equity Dividend Achievers ETF?

Invesco High Yield Equity Dividend Achievers ETF saw a decrease in short interest in March. As of March 31st, there was short interest totaling 94,600 shares, a decrease of 52.3% from the March 15th total of 198,300 shares. Based on an average daily trading volume, of 198,400 shares, the short-interest ratio is currently 0.5 days.
View Invesco High Yield Equity Dividend Achievers ETF's Short Interest
.

How has Invesco High Yield Equity Dividend Achievers ETF's stock been impacted by Coronavirus?

Invesco High Yield Equity Dividend Achievers ETF's stock was trading at $14.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PEY shares have increased by 43.3% and is now trading at $20.7750.
View which stocks have been most impacted by COVID-19
.

How often does Invesco High Yield Equity Dividend Achievers ETF pay dividends? What is the dividend yield for Invesco High Yield Equity Dividend Achievers ETF?

Invesco High Yield Equity Dividend Achievers ETF declared a monthly dividend on Friday, March 19th. Shareholders of record on Tuesday, March 23rd will be paid a dividend of $0.067 per share on Wednesday, March 31st. This represents a $0.80 annualized dividend and a yield of 3.87%. The ex-dividend date is Monday, March 22nd. This is a boost from Invesco High Yield Equity Dividend Achievers ETF's previous monthly dividend of $0.07.
View Invesco High Yield Equity Dividend Achievers ETF's dividend history
.

Is Invesco High Yield Equity Dividend Achievers ETF a good dividend stock?

Invesco High Yield Equity Dividend Achievers ETF pays an annual dividend of $0.75 per share and currently has a dividend yield of 3.62%.
View Invesco High Yield Equity Dividend Achievers ETF's dividend history.

What price target have analysts set for PEY?

2 brokerages have issued 12-month price objectives for Invesco High Yield Equity Dividend Achievers ETF's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Invesco High Yield Equity Dividend Achievers ETF's share price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 75.9%.
View analysts' price targets for Invesco High Yield Equity Dividend Achievers ETF
or view top-rated stocks among Wall Street analysts.

Who are Invesco High Yield Equity Dividend Achievers ETF's key executives?

Invesco High Yield Equity Dividend Achievers ETF's management team includes the following people:
  • H. Bruce Bond, Chief Executive Officer, Managing Director, Trustee (Age 49)
  • Bruce T. Duncan, Chief Financial Officer, Senior Vice President - Finance (Age 60)
  • Kevin R. Gustafson, Chief Compliance Officer, General Counsel (Age 43)
  • John Southard, Managing Director, Treasurer, Trustee (Age 40)
  • Keith A Ovitt, Secretary (Age 50)
  • Ronn R. Bagge, Trustee (Age 55)
  • D. Mark McMillan, Trustee (Age 49)
  • Philip M. Nussbaum Mba, Trustee (Age 52)

What other stocks do shareholders of Invesco High Yield Equity Dividend Achievers ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco High Yield Equity Dividend Achievers ETF investors own include Franco-Nevada (FNV), ZEN Graphene Solutions (ZEN), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Lockheed Martin (LMT), McDonald's (MCD), Advanced Micro Devices (AMD), American Express (AXP), Canadian Pacific Railway (CP) and Cenovus Energy (CVE).

What is Invesco High Yield Equity Dividend Achievers ETF's stock symbol?

Invesco High Yield Equity Dividend Achievers ETF trades on the NASDAQ under the ticker symbol "PEY."

Who are Invesco High Yield Equity Dividend Achievers ETF's major shareholders?

Invesco High Yield Equity Dividend Achievers ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Provident Wealth Management LLC (0.26%), NEXT Financial Group Inc (0.05%) and Global Retirement Partners LLC (0.00%).

Which institutional investors are selling Invesco High Yield Equity Dividend Achievers ETF stock?

PEY stock was sold by a variety of institutional investors in the last quarter, including Provident Wealth Management LLC.

Which institutional investors are buying Invesco High Yield Equity Dividend Achievers ETF stock?

PEY stock was purchased by a variety of institutional investors in the last quarter, including Global Retirement Partners LLC, and NEXT Financial Group Inc.

How do I buy shares of Invesco High Yield Equity Dividend Achievers ETF?

Shares of PEY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Invesco High Yield Equity Dividend Achievers ETF's stock price today?

One share of PEY stock can currently be purchased for approximately $20.78.

How much money does Invesco High Yield Equity Dividend Achievers ETF make?

Invesco High Yield Equity Dividend Achievers ETF has a market capitalization of $924.90 million.

What is Invesco High Yield Equity Dividend Achievers ETF's official website?

The official website for Invesco High Yield Equity Dividend Achievers ETF is www.invescopowershares.com.

Where are Invesco High Yield Equity Dividend Achievers ETF's headquarters?

Invesco High Yield Equity Dividend Achievers ETF is headquartered at 301 West Roosevelt Road, Wheaton, 60187, United States.

How can I contact Invesco High Yield Equity Dividend Achievers ETF?

Invesco High Yield Equity Dividend Achievers ETF's mailing address is 301 West Roosevelt Road, Wheaton, 60187, United States. The company can be reached via phone at +1-800-9830903.


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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