Invesco RAFI US 1500 Small-Mid ETF $PRFZ Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 18.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 579,102 shares of the company’s stock after buying an additional 89,411 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $27,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of PRFZ. Invesco Ltd. increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 29.1% in the third quarter. Invesco Ltd. now owns 456,331 shares of the company’s stock worth $20,727,000 after acquiring an additional 102,983 shares during the period. WCG Wealth Advisors LLC lifted its position in Invesco RAFI US 1500 Small-Mid ETF by 58.7% during the second quarter. WCG Wealth Advisors LLC now owns 254,551 shares of the company’s stock valued at $10,353,000 after purchasing an additional 94,200 shares during the period. JPMorgan Chase & Co. lifted its position in Invesco RAFI US 1500 Small-Mid ETF by 164.7% during the third quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock valued at $5,854,000 after purchasing an additional 80,199 shares during the period. Modern Wealth Management LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF in the second quarter valued at $2,157,000. Finally, M Holdings Securities Inc. acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth about $1,114,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 0.3%

Shares of PRFZ stock opened at $45.96 on Wednesday. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $32.53 and a 52-week high of $50.09. The stock has a market cap of $2.58 billion, a PE ratio of 18.02 and a beta of 1.11. The business has a 50-day simple moving average of $47.92 and a 200-day simple moving average of $46.57.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be given a $0.1017 dividend. This represents a $0.41 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, March 23rd.

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.