Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Plans $0.11 Quarterly Dividend

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Investors of record on Monday, December 22nd will be given a dividend of 0.1144 per share on Friday, December 26th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, December 22nd.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

PRFZ stock traded up $0.38 during trading on Monday, hitting $47.17. 72,317 shares of the company traded hands, compared to its average volume of 189,648. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $47.87. The company has a market cap of $2.66 billion, a PE ratio of 18.02 and a beta of 1.11. The stock’s 50-day simple moving average is $45.61 and its 200 day simple moving average is $43.87.

Hedge Funds Weigh In On Invesco RAFI US 1500 Small-Mid ETF

Large investors have recently made changes to their positions in the company. Allworth Financial LP boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 360.9% during the third quarter. Allworth Financial LP now owns 2,309 shares of the company’s stock worth $105,000 after buying an additional 1,808 shares in the last quarter. IFP Advisors Inc raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 15.4% in the third quarter. IFP Advisors Inc now owns 4,427 shares of the company’s stock worth $201,000 after acquiring an additional 592 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth about $458,000. Sunbelt Securities Inc. grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after acquiring an additional 297 shares during the period. Finally, Palisade Asset Management LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at about $69,000.

About Invesco RAFI US 1500 Small-Mid ETF

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.