Traction Financial Partners LLC Acquires 8,481 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Traction Financial Partners LLC boosted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 107.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,361 shares of the company’s stock after purchasing an additional 8,481 shares during the period. Invesco FTSE RAFI US 1500 Small-Mid ETF makes up 0.5% of Traction Financial Partners LLC’s portfolio, making the stock its 26th largest position. Traction Financial Partners LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $650,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in PRFZ. Benjamin F. Edwards & Company Inc. lifted its stake 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 worth $28,000 after purchasing an additional 451 shares during the last quarter. Palisade Asset Management LLC bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at about $38,000. GAMMA Investing LLC bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at about $46,000. Mather Group LLC. bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at about $64,000. Finally, Heritage Wealth Advisors raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 987.5% during the first quarter. Heritage Wealth Advisors now owns 1,740 shares of the company’s stock valued at $68,000 after acquiring an additional 1,580 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.6 %

Shares of NASDAQ:PRFZ opened at $41.45 on Monday. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. The company has a 50-day moving average price of $40.36 and a 200-day moving average price of $39.02. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $30.29 and a 12 month high of $42.64.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.131 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Monday, September 23rd.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

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.