Three Bridge Wealth Advisors LLC Purchases 53,998 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Three Bridge Wealth Advisors LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 28.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 246,465 shares of the company’s stock after buying an additional 53,998 shares during the period. Invesco RAFI US 1500 Small-Mid ETF comprises about 2.6% of Three Bridge Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Three Bridge Wealth Advisors LLC owned 0.43% of Invesco RAFI US 1500 Small-Mid ETF worth $10,024,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PRFZ. Charles Schwab Investment Management Inc. lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 6.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 20,959,358 shares of the company’s stock valued at $793,521,000 after acquiring an additional 1,274,728 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.2% in the first quarter. Raymond James Financial Inc. now owns 1,021,350 shares of the company’s stock valued at $38,668,000 after purchasing an additional 11,897 shares during the last quarter. Arbor Investment Advisors LLC raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 2.5% in the first quarter. Arbor Investment Advisors LLC now owns 884,992 shares of the company’s stock valued at $33,506,000 after purchasing an additional 21,330 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 5.3% in the first quarter. Royal Bank of Canada now owns 727,681 shares of the company’s stock valued at $27,550,000 after purchasing an additional 36,502 shares during the last quarter. Finally, Stonebridge Financial Group LLC raised its holdings in shares of 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 purchasing an additional 43,065 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 0.6%

Invesco RAFI US 1500 Small-Mid ETF stock opened at $45.93 on Friday. The company has a market cap of $2.60 billion, a P/E ratio of 18.02 and a beta of 1.17. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $46.47. The company has a fifty day simple moving average of $44.07 and a 200 day simple moving average of $40.68.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

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

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.