Captrust Financial Advisors Acquires New Position in Invesco Dividend Achievers ETF (PFM)

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Captrust Financial Advisors acquired a new stake in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,460 shares of the company’s stock, valued at approximately $294,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. First Allied Advisory Services Inc. lifted its stake in shares of Invesco Dividend Achievers ETF by 6.9% during the first quarter. First Allied Advisory Services Inc. now owns 34,507 shares of the company’s stock valued at $884,000 after buying an additional 2,227 shares during the period. CIBC World Markets Inc. increased its position in Invesco Dividend Achievers ETF by 9.9% during the second quarter. CIBC World Markets Inc. now owns 53,042 shares of the company’s stock worth $1,362,000 after purchasing an additional 4,777 shares during the last quarter. Jane Street Group LLC increased its position in Invesco Dividend Achievers ETF by 33.6% during the first quarter. Jane Street Group LLC now owns 20,311 shares of the company’s stock worth $516,000 after purchasing an additional 5,104 shares during the last quarter. Royal Bank of Canada increased its position in Invesco Dividend Achievers ETF by 4.6% during the first quarter. Royal Bank of Canada now owns 428,120 shares of the company’s stock worth $10,866,000 after purchasing an additional 18,745 shares during the last quarter. Finally, LPL Financial LLC increased its position in Invesco Dividend Achievers ETF by 29.6% during the first quarter. LPL Financial LLC now owns 165,780 shares of the company’s stock worth $4,208,000 after purchasing an additional 37,851 shares during the last quarter.

Shares of PFM stock opened at $27.40 on Friday. Invesco Dividend Achievers ETF has a one year low of $24.26 and a one year high of $27.77.

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.

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

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