LPL Financial LLC Grows Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

LPL Financial LLC grew its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 1.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,239,605 shares of the company’s stock after purchasing an additional 16,910 shares during the quarter. LPL Financial LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $51,580,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Cerity Partners LLC grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.7% in the 3rd quarter. Cerity Partners LLC now owns 134,945 shares of the company’s stock worth $5,607,000 after purchasing an additional 14,123 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% in the third quarter. Private Trust Co. NA now owns 995 shares of the company’s stock valued at $41,000 after acquiring an additional 420 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 63.5% in the third quarter. D.A. Davidson & CO. now owns 20,279 shares of the company’s stock valued at $843,000 after acquiring an additional 7,878 shares in the last quarter. FMR LLC increased its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 9.8% during the third quarter. FMR LLC now owns 32,059 shares of the company’s stock valued at $1,332,000 after acquiring an additional 2,849 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.2% during the third quarter. HighTower Advisors LLC now owns 111,830 shares of the company’s stock worth $4,645,000 after acquiring an additional 3,434 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $38.76 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $36.12 and a 1 year high of $45.80. The company has a market capitalization of $2.40 billion, a PE ratio of 16.63 and a beta of 1.21. The business has a fifty day moving average price of $41.05 and a two-hundred day moving average price of $41.90.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.0437 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.