Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Shares Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 8.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,176 shares of the company’s stock after purchasing an additional 2,794 shares during the quarter. Diversify Advisory Services LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $1,416,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Creative Planning lifted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 18.4% during the 3rd quarter. Creative Planning now owns 114,377 shares of the company’s stock worth $4,752,000 after acquiring an additional 17,756 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the second quarter valued at $152,000. Johnson & White Wealth Management LLC boosted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.1% in the third quarter. Johnson & White Wealth Management LLC now owns 205,775 shares of the company’s stock valued at $8,550,000 after purchasing an additional 9,948 shares during the period. Western Wealth Management LLC grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.3% during the 2nd quarter. Western Wealth Management LLC now owns 13,394 shares of the company’s stock valued at $511,000 after purchasing an additional 669 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,565 shares of the company’s stock worth $403,000 after buying an additional 1,120 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

NASDAQ:PRFZ opened at $41.54 on Wednesday. The firm has a 50-day moving average of $41.03 and a two-hundred day moving average of $39.51. The stock has a market cap of $2.56 billion, a P/E ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.34 and a 1-year high of $42.64.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.131 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco FTSE RAFI US 1500 Small-Mid ETF Company 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.