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

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.

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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.

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.
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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.

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.

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.

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).

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

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%).

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

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

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

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

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

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

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.