IFP Advisors Inc Purchases 1,894 Shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

IFP Advisors Inc lifted its position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 7,284.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,920 shares of the company’s stock after acquiring an additional 1,894 shares during the quarter. IFP Advisors Inc’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $73,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Diversify Advisory Services LLC lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 2.0% in the 1st quarter. Diversify Advisory Services LLC now owns 35,553 shares of the company’s stock worth $1,317,000 after acquiring an additional 696 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.3% in the 1st quarter. Sigma Planning Corp now owns 9,054 shares of the company’s stock worth $343,000 after acquiring an additional 774 shares during the last quarter. CWM LLC lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 33.2% in the 1st quarter. CWM LLC now owns 6,706 shares of the company’s stock worth $254,000 after acquiring an additional 1,670 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 2.8% in the 1st quarter. Cerity Partners LLC now owns 130,699 shares of the company’s stock worth $4,948,000 after acquiring an additional 3,539 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 19.2% during the 1st quarter. Stratos Wealth Partners LTD. now owns 17,900 shares of the company’s stock valued at $678,000 after buying an additional 2,884 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ opened at $41.92 on Thursday. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $45.80. The company has a 50-day moving average of $40.70 and a 200 day moving average of $39.77. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 18.02 and a beta of 1.17.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a dividend of $0.1052 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.00%.

Invesco 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.