Sequoia Financial Advisors LLC Purchases 739 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Sequoia Financial Advisors LLC lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,261 shares of the company’s stock after purchasing an additional 739 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $661,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 61.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,574 shares of the company’s stock valued at $64,000 after buying an additional 598 shares during the period. IFP Advisors Inc grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 7,284.6% in the 1st quarter. IFP Advisors Inc now owns 1,920 shares of the company’s stock worth $73,000 after buying an additional 1,894 shares during the period. Russell Investments Group Ltd. bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 1st quarter worth about $87,000. GAMMA Investing LLC lifted its position in Invesco RAFI US 1500 Small-Mid ETF by 64.2% during the 1st 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 period. Finally, RMG Wealth Management LLC bought a new stake in Invesco RAFI US 1500 Small-Mid ETF during the second quarter worth about $120,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Shares of PRFZ opened at $45.01 on Monday. The firm’s 50-day simple moving average is $44.79 and its two-hundred day simple moving average is $41.18. The stock has a market cap of $2.54 billion, a PE ratio of 18.02 and a beta of 1.17. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $32.53 and a fifty-two week high of $46.47.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 1.0%. This is a boost 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.

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.