Parallel Advisors LLC Purchases New Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Parallel Advisors LLC acquired a new position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,173 shares of the company’s stock, valued at approximately $1,003,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its holdings in Invesco RAFI US 1500 Small-Mid ETF by 3.6% in the 1st quarter. Cetera Investment Advisers now owns 1,031,218 shares of the company’s stock worth $47,302,000 after acquiring an additional 35,362 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF during the second quarter valued at about $1,909,000. Legacy Private Trust Co. purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF during the third quarter valued at about $2,726,000. Market Street Wealth Management Advisors LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF during the third quarter valued at about $705,000. Finally, Diversify Wealth Management LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF during the first quarter valued at about $2,501,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Shares of NASDAQ PRFZ opened at $53.11 on Wednesday. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $42.73 and a fifty-two week high of $56.84. The stock has a fifty day moving average of $53.13 and a 200-day moving average of $51.55. The stock has a market cap of $2.66 billion, a PE ratio of 19.36 and a beta of 1.09.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.1290 per share. The ex-dividend date was Monday, September 21st. This is a boost from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992. This represents a $0.52 annualized dividend and a yield of 1.0%.

Invesco RAFI US 1500 Small-Mid ETF Company 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.