KWB Wealth Has $1.53 Million Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

KWB Wealth lessened its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 19.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,007 shares of the company’s stock after selling 9,143 shares during the quarter. KWB Wealth owned approximately 0.06% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $1,532,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1,015.2% in the third quarter. PNC Financial Services Group Inc. now owns 2,565 shares of the company’s stock valued at $85,000 after buying an additional 2,335 shares during the period. Envestnet Asset Management Inc. increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 474.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 168,801 shares of the company’s stock valued at $5,569,000 after purchasing an additional 139,439 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 471.1% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 2,290 shares of the company’s stock worth $76,000 after purchasing an additional 1,889 shares during the last quarter. Ancora Advisors LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% in the 3rd quarter. Ancora Advisors LLC now owns 1,750 shares of the company’s stock worth $58,000 after purchasing an additional 1,400 shares during the period. Finally, Glenmede Trust Co. NA boosted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% in the 3rd quarter. Glenmede Trust Co. NA now owns 18,985 shares of the company’s stock valued at $626,000 after purchasing an additional 15,188 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Up 0.2 %

PRFZ traded up $0.07 during trading on Thursday, reaching $37.97. 29,812 shares of the stock traded hands, compared to its average volume of 112,439. The stock’s 50-day moving average is $38.30 and its 200 day moving average is $37.68. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $30.29 and a 12 month high of $39.82. The stock has a market capitalization of $2.32 billion, a PE ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.1563 per share. This is a positive change from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.63 annualized dividend and a dividend yield of 1.65%.

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.