Avantax Advisory Services Inc. Purchases 26,356 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Avantax Advisory Services Inc. boosted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 9.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 293,505 shares of the company’s stock after purchasing an additional 26,356 shares during the period. Avantax Advisory Services Inc. owned 0.48% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $11,529,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PRFZ. Citigroup Inc. lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 2,684.6% in the third quarter. Citigroup Inc. now owns 25,423 shares of the company’s stock valued at $839,000 after buying an additional 24,510 shares during the last quarter. Sunbelt Securities Inc. lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% in the third quarter. Sunbelt Securities Inc. now owns 1,430 shares of the company’s stock valued at $47,000 after buying an additional 1,144 shares during the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 0.7% in the fourth quarter. Cornerstone Wealth Management LLC now owns 120,373 shares of the company’s stock valued at $4,513,000 after buying an additional 891 shares during the last quarter. KWB Wealth lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 357.9% in the fourth quarter. KWB Wealth now owns 48,150 shares of the company’s stock valued at $1,805,000 after buying an additional 37,635 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 22.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 240,179 shares of the company’s stock valued at $8,663,000 after buying an additional 43,395 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 3.3 %

Shares of PRFZ traded up $1.32 during mid-day trading on Tuesday, reaching $41.64. The company’s stock had a trading volume of 161,801 shares, compared to its average volume of 110,933. The stock has a market cap of $2.55 billion, a P/E ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $41.69. The business has a 50-day simple moving average of $38.51 and a two-hundred day simple moving average of $37.77.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.1563 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.50%. This is a positive change from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09.

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.