85,663 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ Purchased by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the third quarter, Holdings Channel reports. The institutional investor acquired 85,663 shares of the company’s stock, valued at approximately $4,483,000. Invesco RAFI US 1500 Small-Mid ETF comprises 0.9% of WealthBridge Capital Management LLC’s portfolio, making the stock its 25th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. KWB Wealth lifted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 0.7% during the 2nd quarter. KWB Wealth now owns 27,177 shares of the company’s stock worth $1,516,000 after buying an additional 185 shares during the last quarter. Allworth Financial LP boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 7.4% during the 2nd quarter. Allworth Financial LP now owns 2,758 shares of the company’s stock worth $154,000 after purchasing an additional 190 shares during the period. Resonant Capital Advisors LLC boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.6% during the first quarter. Resonant Capital Advisors LLC now owns 30,390 shares of the company’s stock worth $1,394,000 after buying an additional 474 shares during the period. Advance Capital Management Inc. grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 2.9% in the 1st quarter. Advance Capital Management Inc. now owns 17,172 shares of the company’s stock valued at $788,000 after purchasing an additional 492 shares during the last quarter. Finally, Allied Private Wealth LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth $28,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ traded down $0.91 during trading on Friday, reaching $51.73. The company’s stock had a trading volume of 63,410 shares, compared to its average volume of 127,724. The company’s fifty day moving average price is $54.08 and its 200-day moving average price is $52.64. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $42.73 and a 52-week high of $56.84. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 18.02 and a beta of 1.08.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.1290 dividend. The ex-dividend date was Monday, September 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992.

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.