Stonebridge Financial Group LLC Makes New Investment in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Stonebridge Financial Group LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 627,558 shares of the company’s stock, valued at approximately $26,113,000. Invesco FTSE RAFI US 1500 Small-Mid ETF makes up about 2.9% of Stonebridge Financial Group LLC’s portfolio, making the stock its 6th largest position. Stonebridge Financial Group LLC owned about 1.03% of Invesco FTSE RAFI US 1500 Small-Mid ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of PRFZ. Farther Finance Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at approximately $27,000. Private Trust Co. NA grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% during the 3rd quarter. Private Trust Co. NA now owns 995 shares of the company’s stock worth $41,000 after acquiring an additional 420 shares in the last quarter. Oak Harbor Wealth Partners LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $57,000. Decker Retirement Planning Inc. acquired a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at about $61,000. Finally, Blue Trust Inc. bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter worth about $68,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ:PRFZ opened at $42.95 on Tuesday. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a one year low of $36.12 and a one year high of $45.80. The stock has a 50-day simple moving average of $42.78 and a 200 day simple moving average of $41.92.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.2305 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.