EP Wealth Advisors LLC Makes New Investment in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

EP Wealth Advisors LLC acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,982 shares of the company’s stock, valued at approximately $152,000.

Several other hedge funds have also modified their holdings of the stock. Benjamin F. Edwards & Company Inc. raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 169.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 717 shares of the company’s stock worth $28,000 after purchasing an additional 451 shares during the period. Palisade Asset Management LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 1st quarter worth $38,000. GAMMA Investing LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the first quarter valued at $46,000. Mather Group LLC. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at about $64,000. Finally, Heritage Wealth Advisors increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 987.5% during the first quarter. Heritage Wealth Advisors now owns 1,740 shares of the company’s stock worth $68,000 after acquiring an additional 1,580 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

NASDAQ PRFZ opened at $41.35 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $42.64. The firm has a market capitalization of $2.55 billion, a P/E ratio of 2.78 and a beta of 1.17. The business’s 50-day simple moving average is $40.35 and its 200-day simple moving average is $39.13.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.131 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.52 annualized dividend and a yield of 1.27%.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

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.