49,892 Shares in Invesco Dividend Achievers ETF $PFM Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC bought a new position in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 49,892 shares of the company’s stock, valued at approximately $2,738,000. Kingswood Wealth Advisors LLC owned 0.36% of Invesco Dividend Achievers ETF at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of Invesco Dividend Achievers ETF in the first quarter valued at approximately $28,000. City Holding Co. purchased a new position in Invesco Dividend Achievers ETF in the second quarter worth $58,000. Assetmark Inc. raised its position in Invesco Dividend Achievers ETF by 900.9% in the first quarter. Assetmark Inc. now owns 1,111 shares of the company’s stock worth $57,000 after acquiring an additional 1,000 shares in the last quarter. Western Wealth Management LLC purchased a new position in Invesco Dividend Achievers ETF in the first quarter worth $77,000. Finally, International Assets Investment Management LLC lifted its holdings in Invesco Dividend Achievers ETF by 45.2% in the first quarter. International Assets Investment Management LLC now owns 2,425 shares of the company’s stock valued at $124,000 after acquiring an additional 755 shares during the period.

Invesco Dividend Achievers ETF Stock Performance

Shares of NASDAQ PFM opened at $57.56 on Tuesday. The firm has a market capitalization of $804.11 million, a P/E ratio of 23.20 and a beta of 0.77. Invesco Dividend Achievers ETF has a one year low of $49.98 and a one year high of $58.18. The company’s fifty day moving average is $56.54 and its two-hundred day moving average is $54.68.

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.