Legacy Trust Makes New Investment in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Legacy Trust bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 17,065 shares of the company’s stock, valued at approximately $775,000.

A number of other institutional investors have also recently modified their holdings of the business. Capital Investment Advisors LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at about $200,000. Benjamin Edwards Inc. boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 9.5% during the third quarter. Benjamin Edwards Inc. now owns 20,335 shares of the company’s stock worth $924,000 after purchasing an additional 1,767 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $204,000. Index Fund Advisors Inc. acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $202,000. Finally, CoreCap Advisors LLC increased its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.6% in the third quarter. CoreCap Advisors LLC now owns 5,720 shares of the company’s stock valued at $260,000 after buying an additional 500 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ stock opened at $48.26 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $48.45. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 18.02 and a beta of 1.11. The stock has a 50 day simple moving average of $45.99 and a 200-day simple moving average of $44.57.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.1144 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.9%.

Invesco 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.