Whipplewood Advisors LLC Grows Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Whipplewood Advisors LLC raised its stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 71,242.9% during the second quarter, Holdings Channel reports. The fund owned 29,964 shares of the company’s stock after buying an additional 29,922 shares during the period. Whipplewood Advisors LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $1,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PRFZ. Revolve Wealth Partners LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the fourth quarter valued at about $518,000. GAMMA Investing LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 64.2% in the first quarter. GAMMA Investing LLC now owns 2,354 shares of the company’s stock valued at $89,000 after acquiring an additional 920 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 56.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 18,814 shares of the company’s stock valued at $712,000 after acquiring an additional 6,817 shares during the last quarter. WealthBridge Capital Management LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.1% in the first quarter. WealthBridge Capital Management LLC now owns 77,457 shares of the company’s stock valued at $2,933,000 after acquiring an additional 839 shares during the last quarter. Finally, Stonebridge Financial Group LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 6.9% in the first quarter. Stonebridge Financial Group LLC now owns 670,623 shares of the company’s stock valued at $25,390,000 after acquiring an additional 43,065 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 1.2%

NASDAQ PRFZ opened at $46.53 on Friday. The company’s 50 day moving average is $45.10 and its 200-day moving average is $41.55. Invesco RAFI US 1500 Small-Mid ETF has a 12-month low of $32.53 and a 12-month high of $46.77. The firm has a market cap of $2.63 billion, a P/E ratio of 18.02 and a beta of 1.17.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 1.0%. This is an increase from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, September 22nd.

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.