Dynamic Advisor Solutions LLC Purchases 43,395 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Dynamic Advisor Solutions LLC lifted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 22.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,179 shares of the company’s stock after acquiring an additional 43,395 shares during the quarter. Dynamic Advisor Solutions LLC owned 0.39% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $8,663,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Advisory Inc. raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 396.0% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 20,128,202 shares of the company’s stock worth $664,029,000 after purchasing an additional 16,069,907 shares in the last quarter. Waverly Advisors LLC raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 436.9% in the third quarter. Waverly Advisors LLC now owns 1,587,404 shares of the company’s stock worth $52,368,000 after purchasing an additional 1,291,733 shares in the last quarter. Morgan Stanley grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 389.1% during the third quarter. Morgan Stanley now owns 1,218,530 shares of the company’s stock worth $40,199,000 after acquiring an additional 969,369 shares during the last quarter. Invesco Ltd. grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 395.3% during the third quarter. Invesco Ltd. now owns 1,050,326 shares of the company’s stock worth $34,650,000 after acquiring an additional 838,257 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter worth about $26,302,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Down 0.7 %

Shares of PRFZ stock traded down $0.28 during trading hours on Monday, reaching $37.45. 62,699 shares of the company’s stock were exchanged, compared to its average volume of 148,300. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $30.29 and a 1 year high of $39.17. The stock has a market cap of $2.29 billion, a PE ratio of 18.72 and a beta of 1.17. The stock’s fifty day moving average price is $37.09 and its two-hundred day moving average price is $34.97.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th will be paid a dividend of $0.0861 per share. The ex-dividend date of this dividend is Monday, March 18th.

Invesco FTSE RAFI US 1500 Small-Mid ETF 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.