Lyell Wealth Management LP Buys Shares of 6,774 Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Lyell Wealth Management LP bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 6,774 shares of the company’s stock, valued at approximately $258,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Boston Standard Wealth Management LLC lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 0.9% in the second quarter. Boston Standard Wealth Management LLC now owns 41,251 shares of the company’s stock valued at $1,573,000 after acquiring an additional 349 shares during the period. Larson Financial Group LLC lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.2% in the second quarter. Larson Financial Group LLC now owns 9,072 shares of the company’s stock valued at $346,000 after acquiring an additional 365 shares during the period. D.A. Davidson & CO. lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.4% in the fourth quarter. D.A. Davidson & CO. now owns 13,556 shares of the company’s stock valued at $508,000 after acquiring an additional 444 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 169.5% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 717 shares of the company’s stock valued at $28,000 after acquiring an additional 451 shares during the period. Finally, CWM LLC lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 27.7% in the second quarter. CWM LLC now owns 2,418 shares of the company’s stock valued at $92,000 after acquiring an additional 524 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ stock opened at $40.70 on Monday. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. The stock has a 50 day simple moving average of $40.03 and a 200-day simple moving average of $38.81. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $42.64.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.1563 per share. This represents a $0.63 annualized dividend and a dividend yield of 1.54%. This is an increase from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Monday, June 24th.

Invesco FTSE 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.