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

Valeo Financial Advisors LLC lifted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 8.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,797 shares of the company’s stock after acquiring an additional 604 shares during the period. Valeo Financial Advisors LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PRFZ. Barrett & Company Inc. boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.4% in the 3rd quarter. Barrett & Company Inc. now owns 750 shares of the company’s stock worth $25,000 after buying an additional 601 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 2nd quarter worth about $25,000. EPG Wealth Management LLC boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 401.2% in the third quarter. EPG Wealth Management LLC now owns 847 shares of the company’s stock worth $28,000 after acquiring an additional 678 shares during the last quarter. Baystate Wealth Management LLC grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.5% in the third quarter. Baystate Wealth Management LLC now owns 866 shares of the company’s stock valued at $29,000 after purchasing an additional 694 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% during the third quarter. Geneos Wealth Management Inc. now owns 940 shares of the company’s stock worth $31,000 after purchasing an additional 752 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Down 1.4 %

Shares of PRFZ opened at $36.72 on Tuesday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a fifty-two week low of $30.29 and a fifty-two week high of $39.52. The company’s fifty day moving average is $37.92 and its two-hundred day moving average is $35.62. The firm has a market cap of $2.22 billion, a PE ratio of 2.66 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.0861 dividend. This represents a $0.34 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Monday, March 18th.

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.