Sequoia Financial Advisors LLC Grows Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Sequoia Financial Advisors LLC grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,925 shares of the company’s stock after purchasing an additional 360 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $454,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Boston Standard Wealth Management LLC boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 0.9% in the 2nd quarter. Boston Standard Wealth Management LLC now owns 41,251 shares of the company’s stock worth $1,573,000 after purchasing an additional 349 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.2% in the second quarter. Larson Financial Group LLC now owns 9,072 shares of the company’s stock worth $346,000 after buying an additional 365 shares in the last quarter. CWM LLC boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 27.7% in the second quarter. CWM LLC now owns 2,418 shares of the company’s stock valued at $92,000 after acquiring an additional 524 shares during the period. Western Wealth Management LLC grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.3% during the second quarter. Western Wealth Management LLC now owns 13,394 shares of the company’s stock valued at $511,000 after acquiring an additional 669 shares in the last quarter. Finally, Kathmere Capital Management LLC increased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 6.3% during the 2nd quarter. Kathmere Capital Management LLC now owns 13,221 shares of the company’s stock worth $496,000 after acquiring an additional 781 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $41.05 on Monday. The firm has a fifty day moving average price of $40.97 and a two-hundred day moving average price of $39.46. The company has a market cap of $2.53 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a one year low of $30.29 and a one year high of $42.64.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.131 per share. This represents a $0.52 annualized dividend and a yield of 1.28%. The ex-dividend date was Monday, September 23rd.

Invesco FTSE 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.