Wealthspire Advisors LLC Has $3.87 Million Stake in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Wealthspire Advisors LLC cut its position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,248 shares of the company’s stock after selling 2,290 shares during the quarter. Wealthspire Advisors LLC owned 0.17% of Invesco RAFI US 1500 Small-Mid ETF worth $3,874,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in PRFZ. Charles Schwab Investment Management Inc. increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 6.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 20,959,358 shares of the company’s stock valued at $793,521,000 after acquiring an additional 1,274,728 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.2% in the 1st quarter. Raymond James Financial Inc. now owns 1,021,350 shares of the company’s stock valued at $38,668,000 after purchasing an additional 11,897 shares during the last quarter. Arbor Investment Advisors LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.6% in the second quarter. Arbor Investment Advisors LLC now owns 898,927 shares of the company’s stock valued at $36,559,000 after buying an additional 13,935 shares in the last quarter. Royal Bank of Canada grew its position in Invesco RAFI US 1500 Small-Mid ETF by 5.3% in the first quarter. Royal Bank of Canada now owns 727,681 shares of the company’s stock valued at $27,550,000 after acquiring an additional 36,502 shares during the last quarter. Finally, Stonebridge Financial Group LLC grew its position in Invesco RAFI US 1500 Small-Mid ETF by 1.8% in the second quarter. Stonebridge Financial Group LLC now owns 682,516 shares of the company’s stock valued at $27,758,000 after acquiring an additional 11,893 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 0.3%

PRFZ stock opened at $43.45 on Thursday. The firm has a 50-day moving average price of $45.32 and a 200-day moving average price of $42.72. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $32.53 and a 12 month high of $46.83. The stock has a market capitalization of $2.45 billion, a P/E ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a $0.115 dividend. This is an increase from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, September 22nd.

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.