Steward Partners Investment Advisory LLC Has $5.11 Million Stake in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Steward Partners Investment Advisory LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 125,512 shares of the company’s stock after purchasing an additional 2,369 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $5,105,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Private Trust Co. NA grew its position in Invesco RAFI US 1500 Small-Mid ETF by 33.0% during the second quarter. Private Trust Co. NA now owns 1,323 shares of the company’s stock worth $54,000 after buying an additional 328 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 61.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,574 shares of the company’s stock worth $64,000 after acquiring an additional 598 shares during the period. Harbor Asset Planning Inc. bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter worth approximately $65,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth approximately $70,000. Finally, IFP Advisors Inc increased its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 7,284.6% during the first quarter. IFP Advisors Inc now owns 1,920 shares of the company’s stock valued at $73,000 after purchasing an additional 1,894 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 0.7%

Shares of NASDAQ PRFZ opened at $46.06 on Thursday. The business has a fifty day simple moving average of $45.24 and a 200 day simple moving average of $42.96. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 18.02 and a beta of 1.11. Invesco RAFI US 1500 Small-Mid ETF has a one year low of $32.53 and a one year high of $46.83.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.115 dividend. The ex-dividend date was Monday, September 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.11.

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.