Invesco High Yield Equity Dividend Achievers ETF
PEY

$21.73

0.05%

Market Cap: $1.23B

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

281% more call options, than puts

Call options by funds: $801K | Put options by funds: $210K

4% less funds holding

Funds holding: 205 [Q1] → 197 (-8) [Q2]

11.17% less ownership

Funds ownership: 49.67% [Q1] → 38.51% (-11.17%) [Q2]

12% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 73

19% less capital invested

Capital invested by funds: $542M [Q1] → $440M (-$103M) [Q2]

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

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Research analyst outlook

We haven’t received any recent analyst ratings for PEY.

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Financial journalist opinion

PEY: A Nice Balance Of Sectors

Investors seeking stability during uncertainty should consider the Invesco High Yield Equity Dividend Achievers™ ETF for its high-yield dividends and consistent growth. PEY offers a diversified portfolio with no single position exceeding 3.87%, focusing on financials, utilities, and consumer staples. Compared to SPDR S&P Dividend ETF, PEY targets high-yield stocks, providing a unique blend of income and growth opportunities.

PEY: A Nice Balance Of Sectors

PEY: Purely For Income

PEY offers a 4.81% TTM yield with monthly payouts and diversification across 50 stocks. Stock selection rules are based on yield and dividend increases. Its composition leads to poor total returns and the inclusion of some "bad" stocks.

PEY: Purely For Income

Zacks Investment Research

5 Dividend ETFs Crushing the Market

Amid the growing anxiety about a slowing U.S. economy, geopolitical tensions and the looming November elections, the appeal for dividend investing has returned. We have highlighted several reasons why dividend investing seems to be a viable strategy amid the market turmoil.

5 Dividend ETFs Crushing the Market

Zacks Investment Research

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

Making its debut on 12/09/2004, smart beta exchange traded fund Invesco High Yield Equity Dividend Achievers ETF (PEY) provides investors broad exposure to the Style Box - All Cap Value category of the market.

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

PEY Gets The Job Done But Has Poor Holdings

Invesco High Yield Equity Dividend Achievers ETF has a strong historical performance with price returns of 57% and total returns of over 136% in the last ten years. PEY focuses on dividend-paying companies with a starting dividend yield of 5%. It has ten years of consecutive dividend raises and a solid dividend growth rate. The Fund's holdings are concentrated in about 50 companies, with limited exposure to the technology sector, which may hinder its price performance.

PEY Gets The Job Done But Has Poor Holdings

Zacks Investment Research

Time to Buy 5 Beaten-Down Dividend ETFs?

While the stock market has been hovering around a record level, there are valid reasons to approach the current situation with caution.

Time to Buy 5 Beaten-Down Dividend ETFs?

Zacks Investment Research

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

A smart beta exchange traded fund, the Invesco High Yield Equity Dividend Achievers ETF (PEY) debuted on 12/09/2004, and offers broad exposure to the Style Box - All Cap Value category of the market.

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

The Motley Fool

3 High-Yield Dividend ETFs to Buy to Generate Passive Income

These ETFs offer yields from 4.29% to 7.52%. One fund uses options to boost distributions while the other two rely solely on dividends paid by stocks they own.

3 High-Yield Dividend ETFs to Buy to Generate Passive Income

PEY: Is Wall Street Too Bearish On This 4.71% Yielding Dividend Achievers ETF?

PEY tracks the NASDAQ US Dividend Achievers 50 ETF Index, selecting high-dividend stocks from all size segments with at least ten consecutive years of dividend increases. The Index dividend yield is 5.23%, but PEY's 0.52% expense ratio decreases the expected yield to 4.71%. Still, it's one of the highest-yielding pure equity funds on the market. Negative Wall Street earnings revisions are one reason why PEY's holdings have such high yields. However, last quarter sales and earnings surprise results suggest these analysts are too bearish.

PEY: Is Wall Street Too Bearish On This 4.71% Yielding Dividend Achievers ETF?

Zacks Investment Research

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

A smart beta exchange traded fund, the Invesco High Yield Equity Dividend Achievers ETF (PEY) debuted on 12/09/2004, and offers broad exposure to the Style Box - All Cap Value category of the market.

Is Invesco High Yield Equity Dividend Achievers ETF (PEY) a Strong ETF Right Now?

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