HighTower Advisors LLC Has $3.20 Million Stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

HighTower Advisors LLC increased its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ – Get Rating) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,194 shares of the company’s stock after purchasing an additional 671 shares during the quarter. HighTower Advisors LLC owned approximately 0.17% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $3,200,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. raised its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.2% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 2,677,319 shares of the company’s stock valued at $489,066,000 after purchasing an additional 269,599 shares during the period. WA Asset Management LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.8% in the third quarter. WA Asset Management LLC now owns 321,614 shares of the company’s stock valued at $46,862,000 after acquiring an additional 11,730 shares in the last quarter. Raymond James & Associates grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.9% in the fourth quarter. Raymond James & Associates now owns 196,368 shares of the company’s stock valued at $31,107,000 after acquiring an additional 3,624 shares in the last quarter. Invesco Ltd. grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 334.6% in the first quarter. Invesco Ltd. now owns 161,093 shares of the company’s stock valued at $29,427,000 after acquiring an additional 124,026 shares in the last quarter. Finally, Arbor Investment Advisors LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.6% in the fourth quarter. Arbor Investment Advisors LLC now owns 155,771 shares of the company’s stock valued at $24,676,000 after acquiring an additional 2,468 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ stock opened at $160.53 on Monday. The company’s 50-day simple moving average is $160.28 and its 200 day simple moving average is $165.95. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 52 week low of $144.81 and a 52 week high of $179.83. The company has a market capitalization of $1.93 billion, a PE ratio of 18.72 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Tuesday, March 21st were paid a dividend of $0.601 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.50%. This is an increase from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Monday, March 20th.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

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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.