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Insiders Buy the Holdings of PEY ETF

By Dividend Channel Staff, Wednesday, April 17, 10:01 AM ET

A look at the weighted underlying holdings of the Invesco High Yield Equity Dividend Achievers ETF (PEY) shows an impressive 11.2% of holdings on a weighted basis have experienced insider buying within the past six months.

Walgreens Boots Alliance Inc (NASDAQ:WBA), which makes up 2.61% of the Invesco High Yield Equity Dividend Achievers ETF (PEY), has seen 4 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $30,379,400 worth of WBA, making it the #6 largest holding. The table below details the recent insider buying activity observed at WBA:

WBA — last trade: $17.64 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
01/05/2024 Timothy C. Wentworth Chief Executive Officer 10,000 $24.22 $242,220
01/29/2024 Valerie B. Jarrett Director 4,456 $22.44 $99,993
04/02/2024 Manmohan Mahajan EVP and Global CFO 6,000 $19.38 $116,280
04/11/2024 Inderpal S. Bhandari Director 3,000 $18.05 $54,150

And Independent Bank Corp (NASDAQ:INDB), the #46 largest holding among components of the Invesco High Yield Equity Dividend Achievers ETF (PEY), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $17,892,972 worth of INDB, which represents approximately 1.54% of the ETF's total assets at last check. The recent insider buying activity observed at INDB is detailed in the table below:

INDB — last trade: $48.47 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
10/30/2023 Jeffrey J. Tengel Chief Executive Officer 2,100 $48.58 $102,028
10/27/2023 Lee C. Powlus Chief Tech & Operations Off. 512 $47.45 $24,294
03/01/2024 Mark J. Ruggiero CFO & EVP Consumer Lending 500 $51.09 $25,543

This Article's Word Cloud:   Achievers   Alliance   Bank   Bhandari   Boots   Buying   Buys   Chief   Consumer   Director   Dividend   Equity   Executive   Form   High   INDB   Insider   Invesco   Officer   Price   Purchased   Recent   Share   Shares   Title   Value   Yield   activity   below   buying   directors   holding   holdings   holds   insider   largest   last   mdash   months   observed   officers   past   recent   shows   table   total   trade   weighted   which   worth

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