First Horizon Advisors Inc. Invests $53,000 in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

First Horizon Advisors Inc. acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,420 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. EPG Wealth Management LLC increased its stake 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 purchasing an additional 678 shares in the last quarter. Baystate Wealth Management LLC boosted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.5% in the 3rd quarter. Baystate Wealth Management LLC now owns 866 shares of the company’s stock worth $29,000 after buying an additional 694 shares during the period. Stonebridge Capital Advisors LLC grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.5% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 951 shares of the company’s stock valued at $31,000 after buying an additional 761 shares in the last quarter. Sandy Spring Bank raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% during the 3rd quarter. Sandy Spring Bank now owns 1,040 shares of the company’s stock valued at $34,000 after acquiring an additional 832 shares during the period. Finally, Milestone Investment Advisors LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 399.2% during the third quarter. Milestone Investment Advisors LLC now owns 1,313 shares of the company’s stock worth $43,000 after acquiring an additional 1,050 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

Shares of NASDAQ PRFZ opened at $38.59 on Wednesday. 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 stock has a market cap of $2.36 billion, a PE ratio of 2.62 and a beta of 1.17. The stock has a fifty day moving average of $37.92 and a 200-day moving average of $36.18.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.0861 per share. This represents a $0.34 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Monday, March 18th.

Invesco FTSE 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.