Invesco Dividend Achievers ETF $PFM Shares Newly Purchased by Choreo LLC

Choreo LLC purchased a new position in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 79,314 shares of the company’s stock, valued at approximately $4,353,000.

Other hedge funds have also bought and sold shares of the company. Fifth Third Bancorp bought a new stake in Invesco Dividend Achievers ETF in the first quarter valued at about $28,000. City Holding Co. bought a new position in Invesco Dividend Achievers ETF during the 2nd quarter worth approximately $58,000. Assetmark Inc. lifted its holdings in Invesco Dividend Achievers ETF by 900.9% during the 1st quarter. Assetmark Inc. now owns 1,111 shares of the company’s stock worth $57,000 after buying an additional 1,000 shares during the last quarter. Western Wealth Management LLC bought a new position in Invesco Dividend Achievers ETF during the 1st quarter worth approximately $77,000. Finally, International Assets Investment Management LLC grew its position in shares of Invesco Dividend Achievers ETF by 45.2% in the 1st quarter. International Assets Investment Management LLC now owns 2,425 shares of the company’s stock worth $124,000 after acquiring an additional 755 shares in the last quarter.

Invesco Dividend Achievers ETF Trading Down 0.4%

Shares of NASDAQ PFM opened at $58.39 on Friday. The company has a market capitalization of $815.71 million, a price-to-earnings ratio of 23.20 and a beta of 0.77. Invesco Dividend Achievers ETF has a twelve month low of $49.98 and a twelve month high of $58.87. The business has a 50 day simple moving average of $56.58 and a 200-day simple moving average of $54.82.

About Invesco Dividend Achievers ETF

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.