Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sets New 12-Month High – Here’s What Happened

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $44.08 and last traded at $43.99, with a volume of 21301 shares traded. The stock had previously closed at $42.07.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Down 0.5 %

The stock’s 50-day moving average price is $41.21 and its 200 day moving average price is $39.75. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.131 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.19%.

Institutional Trading of Invesco FTSE RAFI US 1500 Small-Mid ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Oak Harbor Wealth Partners LLC acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter worth $57,000. Traction Financial Partners LLC boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 6.2% during the 3rd quarter. Traction Financial Partners LLC now owns 17,371 shares of the company’s stock valued at $722,000 after acquiring an additional 1,010 shares in the last quarter. Sigma Planning Corp boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 22.2% during the 3rd quarter. Sigma Planning Corp now owns 8,249 shares of the company’s stock valued at $343,000 after acquiring an additional 1,497 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the third quarter valued at about $27,000. Finally, Diversify Advisory Services LLC raised its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 8.9% in the third quarter. Diversify Advisory Services LLC now owns 34,176 shares of the company’s stock worth $1,416,000 after purchasing an additional 2,794 shares in the last quarter.

Invesco FTSE 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.