12,150 Shares of Invesco Dividend Achievers ETF $PFM Purchased by GreatBanc Trust CO

GreatBanc Trust CO purchased a new position in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) during the third quarter, HoldingsChannel.com reports. The fund purchased 12,150 shares of the company’s stock, valued at approximately $667,000. Invesco Dividend Achievers ETF accounts for 0.4% of GreatBanc Trust CO’s portfolio, making the stock its 25th biggest position.

Other hedge funds also recently modified their holdings of the company. Carret Asset Management LLC acquired a new position in shares of Invesco Dividend Achievers ETF in the 3rd quarter valued at approximately $357,000. Ashton Thomas Private Wealth LLC bought a new position in Invesco Dividend Achievers ETF in the third quarter valued at approximately $78,000. Financial Council LLC bought a new position in Invesco Dividend Achievers ETF in the third quarter valued at approximately $242,000. Kestra Advisory Services LLC bought a new position in Invesco Dividend Achievers ETF in the third quarter valued at approximately $837,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Invesco Dividend Achievers ETF in the third quarter valued at approximately $3,296,000.

Invesco Dividend Achievers ETF Stock Up 0.0%

Shares of PFM stock opened at $57.36 on Monday. The firm has a fifty day moving average of $56.65 and a 200-day moving average of $54.96. Invesco Dividend Achievers ETF has a 12-month low of $49.98 and a 12-month high of $59.66. The company has a market capitalization of $800.19 million, a price-to-earnings ratio of 24.36 and a beta of 0.76.

Invesco Dividend Achievers ETF 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.