Invesco RAFI US 1500 Small-Mid ETF $PRFZ is Johnson & White Wealth Management LLC’s 2nd Largest Position

Johnson & White Wealth Management LLC grew its stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 231,883 shares of the company’s stock after purchasing an additional 2,289 shares during the quarter. Invesco RAFI US 1500 Small-Mid ETF makes up 4.8% of Johnson & White Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Johnson & White Wealth Management LLC owned about 0.40% of Invesco RAFI US 1500 Small-Mid ETF worth $9,431,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in PRFZ. Farther Finance Advisors LLC increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 61.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,574 shares of the company’s stock valued at $64,000 after purchasing an additional 598 shares in the last quarter. IFP Advisors Inc raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 7,284.6% in the first quarter. IFP Advisors Inc now owns 1,920 shares of the company’s stock valued at $73,000 after buying an additional 1,894 shares during the period. Russell Investments Group Ltd. purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the first quarter valued at approximately $87,000. GAMMA Investing LLC raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 64.2% in the first quarter. GAMMA Investing LLC now owns 2,354 shares of the company’s stock valued at $89,000 after buying an additional 920 shares during the period. Finally, NorthRock Partners LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.6% during the first quarter. NorthRock Partners LLC now owns 3,596 shares of the company’s stock valued at $136,000 after purchasing an additional 316 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 1.0%

PRFZ stock opened at $45.48 on Friday. The company has a market capitalization of $2.60 billion, a P/E ratio of 18.02 and a beta of 1.17. The firm has a 50 day simple moving average of $43.74 and a 200-day simple moving average of $40.42. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $32.53 and a twelve month high of $46.47.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a dividend of $0.115 per share. This is an increase from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, September 22nd.

Invesco RAFI US 1500 Small-Mid ETF Profile

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.