Trailhead Planners LLC Takes $480,000 Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Trailhead Planners LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,460 shares of the company’s stock, valued at approximately $480,000.

A number of other hedge funds have also recently modified their holdings of PRFZ. Revolve Wealth Partners LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 4th quarter valued at $518,000. CW Advisors LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter worth $283,000. Cerity Partners LLC boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 2nd quarter. Cerity Partners LLC now owns 131,896 shares of the company’s stock worth $5,364,000 after buying an additional 1,197 shares during the period. Peapack Gladstone Financial Corp boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 50.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 8,745 shares of the company’s stock worth $356,000 after buying an additional 2,920 shares during the period. Finally, Diversify Advisory Services LLC boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 15.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 41,166 shares of the company’s stock worth $1,763,000 after buying an additional 5,613 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Shares of Invesco RAFI US 1500 Small-Mid ETF stock opened at $52.45 on Friday. The company has a market capitalization of $2.98 billion, a P/E ratio of 18.02 and a beta of 1.07. The company has a fifty day moving average of $50.18 and a 200 day moving average of $48.33. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $39.11 and a fifty-two week high of $52.51.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.1017 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.41 annualized dividend and a yield of 0.8%.

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.