Wealth Enhancement Advisory Services LLC Grows Holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 5.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,277,860 shares of the company’s stock after purchasing an additional 71,003 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.07% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $53,095,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in PRFZ. Cetera Investment Advisers purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 1st quarter worth $16,003,000. First Foundation Advisors increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 53.1% during the first quarter. First Foundation Advisors now owns 844,240 shares of the company’s stock valued at $33,162,000 after buying an additional 292,829 shares during the period. WCG Wealth Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the second quarter valued at $7,670,000. Bank of New York Mellon Corp raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 9.5% in the second quarter. Bank of New York Mellon Corp now owns 484,008 shares of the company’s stock valued at $18,460,000 after acquiring an additional 42,100 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the second quarter worth about $1,309,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ PRFZ opened at $41.05 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a one year low of $30.29 and a one year high of $42.64. The company has a market capitalization of $2.53 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. The company’s 50-day simple moving average is $40.97 and its two-hundred day simple moving average is $39.44.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.131 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.28%.

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.