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NASDAQ:PEYInvesco High Yield Equity Dividend Achievers ETF Stock Price, Forecast & News

$14.37
-0.09 (-0.62 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$14.13
Now: $14.37
$14.42
50-Day Range
$12.95
MA: $13.79
$14.64
52-Week Range
$10.97
Now: $14.37
$19.34
Volume256,095 shs
Average Volume325,195 shs
Market Capitalization$631.56 million
P/E RatioN/A
Dividend Yield5.68%
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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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.21 out of 5 stars


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

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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

How has Invesco High Yield Equity Dividend Achievers ETF's stock 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 reached pandemic status according to the World Health Organization. Since then, PEY stock has decreased by 0.9% and is now trading at $14.37. View which stocks have been most impacted by Coronavirus.

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.

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 announced a monthly dividend on Friday, May 15th. Shareholders of record on Tuesday, May 19th will be paid a dividend of $0.062 per share on Friday, May 29th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date is Monday, May 18th. View Invesco High Yield Equity Dividend Achievers ETF's dividend history.

What price target have analysts set for PEY?

2 brokers have issued 12 month price objectives for Invesco High Yield Equity Dividend Achievers ETF's stock. Their forecasts range from $5.00 to $7.00. On average, they anticipate Invesco High Yield Equity Dividend Achievers ETF's stock price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 58.2%. View analysts' price targets for Invesco High Yield Equity Dividend Achievers ETF.

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

Headlines about PEY stock have been trending very negative this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Invesco High Yield Equity Dividend Achievers ETF earned a news impact score of -3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutInvesco 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 Franco Nevada (FNV), ZEN Graphene Solutions (ZEN), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Lockheed Martin (LMT), Mcdonald's (MCD), American Express (AXP), Canadian Pacific Railway (CP), Cenovus Energy (CVE) and Energy Transfer LP Unit (ET).

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 variety of retail and institutional investors. Top institutional investors include Morgan Stanley (4.45%), Morgan Stanley (4.47%), United Capital Financial Advisers LLC (2.77%), Salomon & Ludwin LLC (2.44%), Wells Fargo & Company MN (1.48%) and UBS Group AG (1.21%).

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 Ahrens Investment Partners LLC, UBS Group AG, Wells Fargo & Company MN, AlphaCore Capital LLC, Cambridge Investment Research Advisors Inc., MML Investors Services LLC, Jane Street Group LLC, and Private Advisor Group 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 Advisor Group Holdings Inc., Benjamin F. Edwards & Company Inc., Morgan Stanley, Morgan Stanley, Synovus Financial Corp, D.A. Davidson & CO., Salomon & Ludwin LLC, and United Capital Financial Advisers 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 $14.37.

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 $631.56 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 5/30/2020 by MarketBeat.com Staff

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