Invesco Dividend Achievers ETF $PFM Shares Newly Acquired by GreatBanc Trust CO

GreatBanc Trust CO bought a new stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,150 shares of the company’s stock, valued at approximately $667,000. Invesco Dividend Achievers ETF accounts for about 0.4% of GreatBanc Trust CO’s holdings, making the stock its 25th biggest position. GreatBanc Trust CO owned 0.09% of Invesco Dividend Achievers ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the stock. Focus Financial Network Inc. bought a new position in Invesco Dividend Achievers ETF during the 3rd quarter worth approximately $6,239,000. Citizens Financial Group Inc. RI acquired a new position in Invesco Dividend Achievers ETF during the third quarter valued at approximately $4,605,000. Choreo LLC bought a new stake in Invesco Dividend Achievers ETF in the third quarter valued at approximately $4,353,000. TD Waterhouse Canada Inc. bought a new stake in Invesco Dividend Achievers ETF in the third quarter valued at approximately $4,175,000. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco Dividend Achievers ETF in the third quarter valued at approximately $3,296,000.

Invesco Dividend Achievers ETF Stock Performance

PFM opened at $57.36 on Monday. The firm’s fifty day moving average is $56.65 and its two-hundred day moving average is $54.96. The firm has a market cap of $800.19 million, a PE ratio of 24.36 and a beta of 0.76. Invesco Dividend Achievers ETF has a twelve month low of $49.98 and a twelve month high of $59.66.

Invesco Dividend Achievers ETF Company Profile

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index.