NASDAQ:PEY - Invesco High Yield Equity Dividend Achievers ETF Stock Price, News & Analysis

$17.40
-0.40 (-2.25 %)
(As of 08/26/2019 01:40 AM ET)
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Today's Range
$17.31
Now: $17.40
$17.78
50-Day Range
$17.34
MA: $18.05
$18.51
52-Week Range
$15.03
Now: $17.40
$18.57
Volume229,216 shs
Average Volume152,749 shs
Market Capitalization$822.15 million
P/E RatioN/A
Dividend Yield3.87%
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$825.89 million
Average Daily Volume$129,165.40
Discount/Premium0.00%

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

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Geographic Exposure of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)
Currency Exposure of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)
Sector Exposure of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)
Industry Exposure of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Frequently Asked Questions

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."

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, August 16th. Shareholders of record on Tuesday, August 20th will be given a dividend of $0.062 per share on Friday, August 30th. This represents a $0.74 annualized dividend and a yield of 4.28%. The ex-dividend date is Monday, August 19th. This is an increase from Invesco High Yield Equity Dividend Achievers ETF's previous monthly dividend of $0.06. View Invesco High Yield Equity Dividend Achievers ETF's Dividend History.

What price target have analysts set for PEY?

4 brokerages have issued twelve-month price objectives for Invesco High Yield Equity Dividend Achievers ETF's shares. Their predictions range from $7.00 to $9.00. On average, they anticipate Invesco High Yield Equity Dividend Achievers ETF's share price to reach $8.1250 in the next twelve months. This suggests that the stock has a possible downside of 53.3%. View Analyst Price Targets for Invesco High Yield Equity Dividend Achievers ETF.

What is the consensus analysts' recommendation for Invesco High Yield Equity Dividend Achievers ETF?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco High Yield Equity Dividend Achievers ETF in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Invesco High Yield Equity Dividend Achievers ETF.

Has Invesco High Yield Equity Dividend Achievers ETF been receiving favorable news coverage?

Media stories about PEY stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Invesco High Yield Equity Dividend Achievers ETF earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Invesco High Yield Equity Dividend Achievers ETF.

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 ZEN Graphene Solutions (ZEN), Franco Nevada (FNV), Mondi (MNDI), General Mills (GIS), Icahn Enterprises (IEP), Agnico Eagle Mines (AEM), Cenovus Energy (CVE), Encana (ECA), Barrick Gold (GOLD) and Hudbay Minerals (HBM).

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

Invesco High Yield Equity Dividend Achievers ETF's management team includes the folowing 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)

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

Invesco High Yield Equity Dividend Achievers ETF's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of America Corp DE (10.21%), Morgan Stanley (3.49%), United Capital Financial Advisers LLC (2.41%), Salomon & Ludwin LLC (2.37%), Ahrens Investment Partners LLC (1.96%) and Wells Fargo & Company MN (1.87%).

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 Joseph P. Lucia & Associates LLC, Capital Advisors Ltd. LLC, Madrona Financial Services LLC, MML Investors Services LLC, Ahrens Investment Partners LLC, Bank of America Corp DE, Clearwater Capital Advisors LLC and Salomon & Ludwin 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 Morgan Stanley, Atria Investments LLC, NEXT Financial Group Inc, Gateway Advisory LLC, Wells Fargo & Company MN, United Capital Financial Advisers LLC, LPL Financial LLC and Commonwealth Equity Services LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of PEY stock can currently be purchased for approximately $17.40.

How big of a company is Invesco High Yield Equity Dividend Achievers ETF?

Invesco High Yield Equity Dividend Achievers ETF has a market capitalization of $822.15 million. View Additional Information About Invesco High Yield Equity Dividend Achievers ETF.

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

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

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.


MarketBeat Community Rating for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ PEY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  207
MarketBeat's community ratings are surveys of what our community members think about Invesco High Yield Equity Dividend Achievers ETF and other stocks. Vote "Outperform" if you believe PEY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/26/2019 by MarketBeat.com Staff

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