Dynamic Advisor Solutions LLC Has $8.86 Million Stock Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Dynamic Advisor Solutions LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 4.0% during the second quarter, Holdings Channel reports. The firm owned 217,953 shares of the company’s stock after buying an additional 8,432 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $8,864,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Northern Trust Corp boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 2.9% during the fourth quarter. Northern Trust Corp now owns 9,555 shares of the company’s stock valued at $398,000 after purchasing an additional 270 shares in the last quarter. Continuum Advisory LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 62.9% in the fourth quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock valued at $33,000 after acquiring an additional 307 shares during the last quarter. NorthRock Partners LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.6% in the first quarter. NorthRock Partners LLC now owns 3,596 shares of the company’s stock valued at $136,000 after acquiring an additional 316 shares during the last quarter. Cresset Asset Management LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.2% in the first quarter. Cresset Asset Management LLC now owns 10,714 shares of the company’s stock valued at $406,000 after acquiring an additional 335 shares during the last quarter. Finally, Ancora Advisors LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 10.9% in the first quarter. Ancora Advisors LLC now owns 5,100 shares of the company’s stock valued at $193,000 after acquiring an additional 500 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 0.2%

NASDAQ:PRFZ opened at $45.30 on Wednesday. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $45.83. The firm has a 50 day moving average of $43.14 and a 200-day moving average of $40.04. The stock has a market capitalization of $2.59 billion, a P/E ratio of 18.02 and a beta of 1.17.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a $0.1052 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.42 dividend on an annualized basis 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.