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NASDAQ:PEY

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

$17.15
-0.14 (-0.81 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$17.09
Now: $17.15▼
$17.29
50-Day Range
$14.59
MA: $15.75▼
$17.50
52-Week Range
$10.97
Now: $17.15▼
$19.34
Volume128,078 shs
Average Volume271,970 shs
Market Capitalization$721.84 million
P/E RatioN/A
Dividend Yield4.36%
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.
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Geographic Exposure of PEY

Currency Exposure of PEY

Sector Exposure of PEY

Industry Exposure of PEY

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
Webwww.invescopowershares.com
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
$17.15
-0.14 (-0.81 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Invesco High Yield Equity Dividend Achievers ETF's stock price been impacted by COVID-19 (Coronavirus)?

Invesco High Yield Equity Dividend Achievers ETF's stock was trading at $14.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PEY stock has increased by 18.3% and is now trading at $17.15.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Invesco High Yield Equity Dividend Achievers ETF?

2 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Invesco High Yield Equity Dividend Achievers ETF or view MarketBeat's top 5 stock picks.

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 winning trading ideas this year 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.

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, November 20th. Shareholders of record on Tuesday, November 24th will be paid a dividend of $0.061 per share on Monday, November 30th. This represents a $0.73 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend is Monday, November 23rd.
View Invesco High Yield Equity Dividend Achievers ETF's dividend history.

What price target have analysts set for PEY?

2 equities research analysts have issued 12-month target prices 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 70.8%.
View analysts' price targets for Invesco High Yield Equity Dividend Achievers ETF.

Are investors shorting Invesco High Yield Equity Dividend Achievers ETF?

Invesco High Yield Equity Dividend Achievers ETF saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 31,100 shares, an increase of 92.0% from the October 15th total of 16,200 shares. Based on an average trading volume of 226,000 shares, the days-to-cover ratio is currently 0.1 days.
View Invesco High Yield Equity Dividend Achievers ETF's Short Interest.

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 Ltd. (ZEN.V) (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).

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 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 a number of institutional and retail investors. Top institutional investors include Morgan Stanley (3.63%), Salomon & Ludwin LLC (1.80%), LPL Financial LLC (1.55%), Wells Fargo & Company MN (1.19%), Commonwealth Equity Services LLC (0.64%) and Capital Advisors Ltd. LLC (0.50%).

Which major 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 Morgan Stanley, Salomon & Ludwin LLC, Wells Fargo & Company MN, Prospera Financial Services Inc, Investors Research Corp, Janney Montgomery Scott LLC, Resources Investment Advisors LLC., and Commonwealth Equity Services LLC.

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

PEY stock was bought by a variety of institutional investors in the last quarter, including Avantax Advisory Services Inc., PFG Advisors, NEXT Financial Group Inc, Envestnet Asset Management Inc., Kestra Advisory Services LLC, Steward Partners Investment Advisory LLC, Cambridge Investment Research Advisors Inc., and Bristlecone Advisors 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, Robinhood, 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 $17.15.

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 $721.84 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.

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 11/28/2020 by MarketBeat.com Staff
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