Market Street Wealth Management Advisors LLC Purchases New Stake in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Market Street Wealth Management Advisors LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,466 shares of the company’s stock, valued at approximately $705,000.

Other large investors have also recently bought and sold shares of the company. Allied Private Wealth LLC purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth $28,000. JNBA Financial Advisors purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at about $57,000. RMG Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the first quarter valued at about $131,000. Geneos Wealth Management Inc. lifted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 82.6% in the first quarter. Geneos Wealth Management Inc. now owns 3,347 shares of the company’s stock valued at $154,000 after purchasing an additional 1,514 shares during the period. Finally, Allworth Financial LP boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 7.4% during the second quarter. Allworth Financial LP now owns 2,758 shares of the company’s stock worth $154,000 after buying an additional 190 shares in the last quarter.

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

Shares of PRFZ opened at $52.82 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $42.73 and a twelve month high of $56.84. The firm has a market capitalization of $2.66 billion, a P/E ratio of 18.02 and a beta of 1.08. The firm’s 50-day moving average is $54.40 and its two-hundred day moving average is $52.40.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors 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 an increase 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.