Invesco RAFI US 1500 Small-Mid ETF $PRFZ Shares Purchased by Three Bridge Wealth Advisors LLC

Three Bridge Wealth Advisors LLC increased its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 8.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 267,437 shares of the company’s stock after purchasing an additional 20,972 shares during the quarter. Invesco RAFI US 1500 Small-Mid ETF makes up approximately 3.1% of Three Bridge Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. Three Bridge Wealth Advisors LLC owned about 0.47% of Invesco RAFI US 1500 Small-Mid ETF worth $12,147,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PRFZ. Vishria Bird Financial Group LLC purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth $211,000. Stonebridge Financial Group LLC boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 1.4% during the third quarter. Stonebridge Financial Group LLC now owns 692,096 shares of the company’s stock worth $31,435,000 after acquiring an additional 9,580 shares during the last quarter. Perigon Wealth Management LLC grew its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.3% during the 3rd quarter. Perigon Wealth Management LLC now owns 127,210 shares of the company’s stock valued at $5,778,000 after acquiring an additional 1,661 shares in the last quarter. Blue Trust Inc. purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at about $53,000. Finally, Johnson & White Wealth Management LLC raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 2.3% in the 3rd quarter. Johnson & White Wealth Management LLC now owns 237,310 shares of the company’s stock valued at $10,779,000 after acquiring an additional 5,427 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of Invesco RAFI US 1500 Small-Mid ETF stock opened at $46.17 on Friday. The stock’s 50 day simple moving average is $45.81 and its 200-day simple moving average is $44.27. The stock has a market cap of $2.60 billion, a P/E ratio of 18.02 and a beta of 1.11. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $47.87.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.1144 dividend. This represents a $0.46 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, December 22nd.

About Invesco 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.