Integrated Advisors Network LLC Invests $216,000 in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Integrated Advisors Network LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,707 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.8% during the 4th quarter. Bank of New York Mellon Corp now owns 492,813 shares of the company’s stock worth $20,506,000 after purchasing an additional 8,594 shares during the period. Jones Financial Companies Lllp raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 18.8% during the 4th quarter. Jones Financial Companies Lllp now owns 12,102 shares of the company’s stock worth $504,000 after purchasing an additional 1,914 shares during the period. Atria Wealth Solutions Inc. acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 4th quarter worth approximately $341,000. Sanctuary Advisors LLC raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 2.9% during the 4th quarter. Sanctuary Advisors LLC now owns 37,364 shares of the company’s stock worth $1,611,000 after purchasing an additional 1,049 shares during the period. Finally, Larson Financial Group LLC raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 19.7% during the 4th quarter. Larson Financial Group LLC now owns 14,599 shares of the company’s stock worth $607,000 after purchasing an additional 2,401 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

PRFZ opened at $39.41 on Monday. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $32.53 and a 12 month high of $45.80. The stock has a market cap of $2.31 billion, a P/E ratio of 15.99 and a beta of 1.17. The stock’s 50 day moving average price is $37.86 and its 200 day moving average price is $40.10.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0437 dividend. The ex-dividend date was Monday, March 24th.

Invesco 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.