Invesco Dividend Achievers ETF Stock Forecast, Price & News

Wall Street analysts have given Invesco Dividend Achievers ETF a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Invesco Dividend Achievers ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Invesco Dividend Achievers ETF saw a increase in short interest in August. As of August 31st, there was short interest totaling 11,700 shares, an increase of 875.0% from the August 15th total of 1,200 shares. Based on an average daily trading volume, of 44,800 shares, the days-to-cover ratio is currently 0.3 days.
View Invesco Dividend Achievers ETF's Short Interest.

Invesco Dividend Achievers ETF's stock was trading at $26.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PFM stock has increased by 40.5% and is now trading at $37.29.
View which stocks have been most impacted by COVID-19.

Invesco Dividend Achievers ETF announced a quarterly dividend on Friday, June 18th. Investors of record on Tuesday, June 22nd will be given a dividend of $0.163 per share on Wednesday, June 30th. This represents a $0.65 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Monday, June 21st. This is a positive change from Invesco Dividend Achievers ETF's previous quarterly dividend of $0.13.
View Invesco Dividend Achievers ETF's dividend history.

Invesco Dividend Achievers ETF pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.61%.
View Invesco Dividend Achievers ETF's dividend history.

Some companies that are related to Invesco Dividend Achievers ETF include iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD), First Trust Managed Municipal ETF (FMB), BlackRock Capital Allocation Trust (BCAT), First Trust Tactical High Yield ETF (HYLS), Principal U.S. Mega-Cap ETF (USMC), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), Invesco Financial Preferred ETF (PGF), First Trust Global Tactical Commodity Strategy Fund (FTGC), Cronos Group (MJN), First Trust NASDAQ Technology Dividend Index Fund (TDIV), Principal U.S. Small-Cap Multi-Factor ETF (PSC), Global X FinTech ETF (FINX), Global X Cloud Computing ETF Global X Cloud Computing ETF (CLOU), WisdomTree Cloud Computing Fund (WCLD) and First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW).
View all of PFM's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Dividend Achievers ETF investors own include Altria Group (MO), Anadarko Petroleum (APC), Colgate-Palmolive (CL), Digimarc (DMRC), Duke Energy (DUK), Emerson Electric (EMR), Enterprise GP (EPE), Essent Group (ESNT), Express Scripts (ESRX) and Corning (GLW).

Invesco Dividend Achievers ETF trades on the NASDAQ under the ticker symbol "PFM."

Invesco Dividend Achievers ETF's stock is owned by a number of retail and institutional investors. Top institutional shareholders include LPL Financial LLC (15.23%), Advisor Group Holdings Inc. (7.71%), Morgan Stanley (4.03%), Morgan Stanley (4.08%), Invesco Ltd. (2.96%) and Bank of America Corp DE (2.00%).

PFM stock was sold by a variety of institutional investors in the last quarter, including Great Valley Advisor Group Inc., Royal Bank of Canada, GoalVest Advisory LLC, Private Advisor Group LLC, WBH Advisory Inc., Charles Schwab Investment Management Inc., Commonwealth Equity Services LLC, and PNC Financial Services Group Inc..

PFM stock was bought by a variety of institutional investors in the last quarter, including LPL Financial LLC, Almanack Investment Partners LLC., Advisor Group Holdings Inc., Strategic Wealth Advisors Group LLC, Kingsview Wealth Management LLC, Morgan Stanley, Morgan Stanley, and Good Life Advisors LLC.

Shares of PFM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PFM stock can currently be purchased for approximately $37.29.

Invesco Dividend Achievers ETF has a market capitalization of $664.51 million.

Invesco Dividend Achievers ETF employs 147,000 workers across the globe.

The official website for Invesco Dividend Achievers ETF is www.invescopowershares.com.

Invesco Dividend Achievers ETF is headquartered at 301 WEST ROOSEVELT ROAD, WHEATON, IL 60187, United States.

Invesco Dividend Achievers ETF's mailing address is 301 WEST ROOSEVELT ROAD, WHEATON, IL 60187, United States. The company can be reached via phone at +1-630-9339600.