Invesco Ltd. Buys 48,026 Shares of Heartland Express, Inc. (NASDAQ:HTLD)

Invesco Ltd., a global investment management firm based in Atlanta, Georgia, has recently announced that it has purchased 48,026 shares of Heartland Express, Inc. (NASDAQHTLD), a leading provider of transportation and logistics services in the United States. The acquisition was made through an open-market purchase, and the total cost of the transaction was not disclosed.

Heartland Express, Inc. is a publicly traded company that operates in the transportation and logistics industry. The company provides a range of services, including trucking, warehousing, and distribution, to customers across various industries such as retail, e-commerce, and manufacturing. Heartland Express has been in business for over 30 years and has a strong presence in the Midwest and West regions of the United States.

Invesco Ltd. is one of the largest investment management firms in the world, with assets under management of over $1.2 trillion as of December 31, 2020. The company operates in various segments, including global equity, fixed income, alternative investments, and real estate. Invesco Ltd. has a strong presence in North America, Europe, Asia, and the Middle East.

The acquisition of Heartland Express, Inc. by Invesco Ltd. is expected to provide the investment management firm with exposure to the growing transportation and logistics industry in the United States. The transaction is subject to regulatory approval and other customary closing conditions.