Insider Activity Shines Light on Invesco’s High Yield Equity Dividend Achievers ETF

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Within the cradle of the Invesco High Yield Equity Dividend Achievers ETF (PEY), a remarkable 12.0% of holdings emerge as stars that have glowed brighter with insider purchases in the last half-year.

Supporting Cast’s Bright Lights

Among these stellar performers, Bristol Myers Squibb Co. (BMY) stands out, comprising 1.79% of the PEY ETF. In recent times, the company witnessed an illustrious display of two directors and officers using their purchasing power to acquire shares. This buying spree materialized based on the most recent Form 4 data, unveiling a total value of $21,737,097 held in BMY, securing it as the 31st largest asset for the ETF. Below, a vivid tableau illustrates the recent insider transactions that have captivated market watchers:

Purchased Insider Title Shares Price/Share Value
11/20/2023 Theodore R. Samuels II Director 8,500 $49.81 $423,385
11/28/2023 Christopher S. Boerner Chief Executive Officer 3,071 $48.86 $150,049
12/05/2023 Christopher S. Boerner Chief Executive Officer 2,000 $49.78 $99,560

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Diving into the Encore

A deeper dive is worthwhile, exploring not only the visible stars like BMY but also unlocking the hidden gems that may hold potential for further illumination.

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The author’s perspective shines through these lines, blending factual precision with insightful commentary, painting a vibrant picture of the intricate dance between insiders and ETFs in the market landscape.

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