PFG Advisors Has $1.69 Million Stock Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

PFG Advisors reduced its stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 22.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,762 shares of the company’s stock after selling 10,748 shares during the quarter. PFG Advisors’ holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $1,687,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PRFZ. Invesco Ltd. grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 29.1% during the 3rd quarter. Invesco Ltd. now owns 456,331 shares of the company’s stock worth $20,727,000 after purchasing an additional 102,983 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 18.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock worth $27,536,000 after purchasing an additional 89,411 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 164.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock worth $5,854,000 after purchasing an additional 80,199 shares in the last quarter. Modern Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth $2,157,000. Finally, Stonebridge Financial Group LLC grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 4.6% during the 4th quarter. Stonebridge Financial Group LLC now owns 723,888 shares of the company’s stock worth $33,219,000 after purchasing an additional 31,792 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ opened at $50.41 on Thursday. The business’s fifty day moving average is $47.53 and its 200-day moving average is $46.89. The firm has a market cap of $2.87 billion, a P/E ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $35.87 and a 52-week high of $51.15.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid 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%.

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.