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

Wealth Enhancement Advisory Services LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 3.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 489,691 shares of the company’s stock after purchasing an additional 18,135 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.87% of Invesco RAFI US 1500 Small-Mid ETF worth $22,238,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Blue Trust Inc. acquired a new position in Invesco RAFI US 1500 Small-Mid ETF during the third quarter valued at $53,000. Private Trust Co. NA grew its stake in Invesco RAFI US 1500 Small-Mid ETF by 33.0% during the 2nd quarter. Private Trust Co. NA now owns 1,323 shares of the company’s stock valued at $54,000 after acquiring an additional 328 shares in the last quarter. 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 during the period. Harbor Asset Planning Inc. acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at about $65,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the second quarter worth approximately $70,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ stock opened at $49.35 on Thursday. The firm has a 50 day simple moving average of $46.59 and a 200 day simple moving average of $45.00. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $32.53 and a 52 week high of $49.49. The stock has a market cap of $2.78 billion, a P/E ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.1144 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.9%.

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.