Independent Financial Group LLC Buys New Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Independent Financial Group LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 30,540 shares of the company’s stock, valued at approximately $1,401,000. Independent Financial Group LLC owned about 0.05% of Invesco RAFI US 1500 Small-Mid ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Clearstead Trust LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF during the fourth quarter valued at about $45,000. Howe & Rusling Inc. boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 42.1% in the 4th quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock worth $47,000 after purchasing an additional 305 shares in the last quarter. Palisade Asset Management LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth approximately $69,000. Geneos Wealth Management Inc. increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 47.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock valued at $73,000 after purchasing an additional 581 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in 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 Trading Down 0.1%

NASDAQ PRFZ opened at $54.27 on Monday. Invesco RAFI US 1500 Small-Mid ETF has a 12-month low of $40.27 and a 12-month high of $56.24. The company has a fifty day simple moving average of $52.74 and a two-hundred day simple moving average of $49.72. The stock has a market cap of $2.79 billion, a P/E ratio of 18.02 and a beta of 1.05.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.0992 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%.

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.