Brighton Jones LLC Purchases New Stake in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Brighton Jones LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the third quarter, HoldingsChannel.com reports. The firm purchased 24,323 shares of the company’s stock, valued at approximately $1,273,000.

A number of other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE raised its position in Invesco RAFI US 1500 Small-Mid ETF by 14.9% in the first quarter. Bank of America Corp DE now owns 2,858,934 shares of the company’s stock worth $131,139,000 after acquiring an additional 370,099 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.6% during the 1st quarter. Cetera Investment Advisers now owns 1,031,218 shares of the company’s stock worth $47,302,000 after purchasing an additional 35,362 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 6.9% during the 1st quarter. Sanctuary Advisors LLC now owns 278,140 shares of the company’s stock worth $12,758,000 after purchasing an additional 17,959 shares during the period. Dynamic Advisor Solutions LLC grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 161,405 shares of the company’s stock worth $9,002,000 after purchasing an additional 13,861 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 6.8% in the 1st quarter. Bank of New York Mellon Corp now owns 150,475 shares of the company’s stock valued at $6,902,000 after purchasing an additional 9,541 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 0.7%

Shares of PRFZ opened at $53.11 on Wednesday. The company has a 50-day simple moving average of $53.13 and a 200-day simple moving average of $51.55. The company has a market capitalization of $2.66 billion, a PE ratio of 19.36 and a beta of 1.09. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $42.73 and a 52-week high of $56.84.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.1290 per share. This is an increase from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992. This represents a $0.52 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, September 21st.

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.