Strategic Financial Concepts LLC Makes New Investment in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Strategic Financial Concepts LLC bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 4th quarter, HoldingsChannel.com reports. The fund bought 42,303 shares of the company’s stock, valued at approximately $1,760,000.

Several other hedge funds have also recently modified their holdings of PRFZ. CWM LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 37.6% during the 3rd quarter. CWM LLC now owns 3,328 shares of the company’s stock worth $138,000 after buying an additional 910 shares in the last quarter. Creative Planning raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 18.4% in the 3rd quarter. Creative Planning now owns 114,377 shares of the company’s stock worth $4,752,000 after purchasing an additional 17,756 shares during the period. Cornerstone Wealth Management LLC raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 129,281 shares of the company’s stock worth $5,372,000 after purchasing an additional 2,711 shares during the period. Blue Trust Inc. bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter worth approximately $68,000. Finally, Raymond James & Associates raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 0.7% in the 3rd quarter. Raymond James & Associates now owns 936,627 shares of the company’s stock worth $38,917,000 after purchasing an additional 6,948 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.5 %

NASDAQ:PRFZ opened at $42.95 on Tuesday. The stock has a market capitalization of $2.64 billion, a PE ratio of 2.78 and a beta of 1.17. The firm’s 50 day moving average is $42.78 and its 200 day moving average is $41.92. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $36.12 and a 12 month high of $45.80.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.2305 dividend. The ex-dividend date of this dividend was Monday, December 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.