Wealth Enhancement Advisory Services LLC Grows Stock Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Wealth Enhancement Advisory Services LLC grew its position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 18.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 579,102 shares of the company’s stock after buying an additional 89,411 shares during the period. Wealth Enhancement Advisory Services LLC owned 1.03% of Invesco RAFI US 1500 Small-Mid ETF worth $27,536,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PRFZ. Steward Partners Investment Advisory LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 125,512 shares of the company’s stock valued at $5,105,000 after acquiring an additional 2,369 shares in the last quarter. Three Bridge Wealth Advisors LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 8.5% in the third quarter. Three Bridge Wealth Advisors LLC now owns 267,437 shares of the company’s stock worth $12,147,000 after purchasing an additional 20,972 shares during the last quarter. WCG Wealth Advisors LLC increased its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 58.7% during the second quarter. WCG Wealth Advisors LLC now owns 254,551 shares of the company’s stock worth $10,353,000 after purchasing an additional 94,200 shares in the last quarter. M Holdings Securities Inc. purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at $1,114,000. Finally, Legacy Trust purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $775,000.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ stock opened at $45.96 on Wednesday. The stock’s fifty day moving average price is $47.92 and its 200 day moving average price is $46.57. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $50.09. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.1017 per share. The ex-dividend date is Monday, March 23rd. This represents a $0.41 annualized dividend and a dividend yield of 0.9%.

About Invesco RAFI US 1500 Small-Mid ETF

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.