HighTower Advisors LLC Has $802,000 Holdings in Invesco Dividend Achievers ETF (NASDAQ:PFM)

HighTower Advisors LLC increased its stake in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 1.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,095 shares of the company’s stock after purchasing an additional 389 shares during the period. HighTower Advisors LLC owned approximately 0.12% of Invesco Dividend Achievers ETF worth $802,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in PFM. Envestnet Asset Management Inc. grew its stake in shares of Invesco Dividend Achievers ETF by 24.9% during the first quarter. Envestnet Asset Management Inc. now owns 9,785 shares of the company’s stock worth $338,000 after purchasing an additional 1,949 shares during the period. Strategic Wealth Advisors Group LLC grew its stake in Invesco Dividend Achievers ETF by 57.5% in the first quarter. Strategic Wealth Advisors Group LLC now owns 77,178 shares of the company’s stock valued at $2,670,000 after acquiring an additional 28,184 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Invesco Dividend Achievers ETF by 1.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 26,907 shares of the company’s stock valued at $931,000 after acquiring an additional 333 shares during the period. Hochman Cole Investment Advisors Inc. grew its stake in Invesco Dividend Achievers ETF by 45.7% in the first quarter. Hochman Cole Investment Advisors Inc. now owns 59,001 shares of the company’s stock valued at $2,041,000 after acquiring an additional 18,497 shares during the period. Finally, Almanack Investment Partners LLC. acquired a new position in Invesco Dividend Achievers ETF in the first quarter valued at about $726,000.

NASDAQ:PFM opened at $36.25 on Tuesday. Invesco Dividend Achievers ETF has a 1 year low of $29.26 and a 1 year high of $38.00. The stock has a 50-day moving average price of $37.31 and a two-hundred day moving average price of $36.26.

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.

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Institutional Ownership by Quarter for Invesco Dividend Achievers ETF (NASDAQ:PFM)

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