WCG Wealth Advisors LLC Buys 399,995 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

WCG Wealth Advisors LLC raised its stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 175.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 627,859 shares of the company’s stock after buying an additional 399,995 shares during the period. WCG Wealth Advisors LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $28,813,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. RiverFront Investment Group LLC grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.8% in the 4th quarter. RiverFront Investment Group LLC now owns 12,599 shares of the company’s stock valued at $578,000 after buying an additional 220 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 6,715 shares of the company’s stock valued at $305,000 after purchasing an additional 254 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.4% during the 2nd quarter. Corient Private Wealth LLC now owns 20,614 shares of the company’s stock valued at $838,000 after purchasing an additional 276 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 6.3% during the 4th quarter. Park Avenue Securities LLC now owns 4,768 shares of the company’s stock valued at $219,000 after purchasing an additional 282 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after purchasing an additional 297 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of Invesco RAFI US 1500 Small-Mid ETF stock opened at $51.62 on Thursday. Invesco RAFI US 1500 Small-Mid ETF has a one year low of $39.11 and a one year high of $52.33. The stock’s 50-day moving average is $49.46 and its 200 day moving average is $47.99. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.1017 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.41 annualized dividend and a dividend yield of 0.8%.

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.