Stonebridge Financial Group LLC Boosts Stock Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Stonebridge Financial Group LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 723,888 shares of the company’s stock after buying an additional 31,792 shares during the quarter. Invesco RAFI US 1500 Small-Mid ETF comprises about 2.8% of Stonebridge Financial Group LLC’s holdings, making the stock its 8th largest position. Stonebridge Financial Group LLC owned 1.29% of Invesco RAFI US 1500 Small-Mid ETF worth $33,219,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Howe & Rusling Inc. boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 72.6% during the third quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock valued at $33,000 after acquiring an additional 305 shares during the last quarter. Blue Trust Inc. bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $53,000. Palisade Asset Management LLC bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $69,000. Sunbelt Securities Inc. lifted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after purchasing an additional 297 shares during the period. Finally, Triumph Capital Management acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at about $80,000.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of Invesco RAFI US 1500 Small-Mid ETF stock opened at $46.48 on Monday. The stock’s 50-day moving average is $47.42 and its 200 day moving average is $46.61. Invesco RAFI US 1500 Small-Mid ETF has a one year low of $32.53 and a one year high of $50.09. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.1017 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, March 23rd.

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.