Invesco RAFI US 1500 Small-Mid ETF $PRFZ Position Lifted by Johnson & White Wealth Management LLC

Johnson & White Wealth Management LLC increased its stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 254,833 shares of the company’s stock after buying an additional 17,523 shares during the period. Invesco RAFI US 1500 Small-Mid ETF accounts for about 5.1% of Johnson & White Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Johnson & White Wealth Management LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $11,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Howe & Rusling Inc. increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 72.6% in the 3rd quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock worth $33,000 after buying an additional 305 shares during the period. Palisade Asset Management LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $69,000. Sunbelt Securities Inc. increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 20.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock worth $78,000 after buying an additional 297 shares during the period. Triumph Capital Management purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $80,000. Finally, Geneos Wealth Management Inc. increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 47.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock worth $73,000 after buying an additional 581 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

PRFZ stock opened at $50.53 on Friday. The company has a market capitalization of $2.87 billion, a PE ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $37.88 and a 12 month high of $51.87. The firm’s 50-day moving average is $48.12 and its 200 day moving average is $47.41.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.1017 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.41 dividend on an annualized basis and a yield of 0.8%.

Invesco 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.