Quantinno Capital Management LP Acquires Shares of 12,424 Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Quantinno Capital Management LP bought a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,424 shares of the company’s stock, valued at approximately $516,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PRFZ. Farther Finance Advisors LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $27,000. Private Trust Co. NA increased its holdings in shares of 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 valued at $41,000 after purchasing an additional 420 shares in the last quarter. Oak Harbor Wealth Partners LLC acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $57,000. CBIZ Investment Advisory Services LLC purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the second quarter worth $68,000. Finally, Blue Trust Inc. acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter valued at $68,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $44.04 on Friday. The firm has a 50-day simple moving average of $43.13 and a two-hundred day simple moving average of $40.85. Invesco FTSE RAFI US 1500 Small-Mid ETF has a fifty-two week low of $35.08 and a fifty-two week high of $45.80. The company has a market cap of $2.71 billion, a P/E ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.131 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.52 dividend on an annualized basis and a yield of 1.19%.

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.