Tower Research Capital LLC TRC Makes New Investment in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Tower Research Capital LLC TRC acquired a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 832 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds and other institutional investors have also made changes to their positions in PRFZ. WealthShield Partners LLC grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.4% during the 4th quarter. WealthShield Partners LLC now owns 11,510 shares of the company’s stock valued at $432,000 after purchasing an additional 275 shares during the last quarter. FAS Wealth Partners Inc. raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.5% in the fourth quarter. FAS Wealth Partners Inc. now owns 7,104 shares of the company’s stock worth $266,000 after buying an additional 304 shares during the period. PFG Advisors lifted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.0% during the 4th quarter. PFG Advisors now owns 31,670 shares of the company’s stock worth $1,187,000 after acquiring an additional 329 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.8% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,390 shares of the company’s stock valued at $539,000 after acquiring an additional 390 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.4% during the 4th 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.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ stock traded up $0.32 during midday trading on Friday, reaching $38.07. The company’s stock had a trading volume of 46,284 shares, compared to its average volume of 131,199. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $30.29 and a 1 year high of $39.52. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 2.62 and a beta of 1.17. The stock has a fifty day simple moving average of $37.89 and a two-hundred day simple moving average of $36.03.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0861 dividend. This represents a $0.34 annualized dividend and a yield of 0.90%. The ex-dividend date was Monday, March 18th.

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.