131,978 Shares in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Purchased by Independent Advisor Alliance

Independent Advisor Alliance bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 131,978 shares of the company’s stock, valued at approximately $5,492,000. Independent Advisor Alliance owned approximately 0.21% of Invesco FTSE RAFI US 1500 Small-Mid ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of PRFZ. Raymond James Financial Inc. purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $42,003,000. Stonebridge Financial Group LLC purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $26,113,000. Traction Financial Partners LLC grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 512.9% during the 4th quarter. Traction Financial Partners LLC now owns 106,470 shares of the company’s stock valued at $4,430,000 after acquiring an additional 89,099 shares in the last quarter. EQ Wealth Advisors LLC purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $1,991,000. Finally, Strategic Financial Concepts LLC purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $1,760,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $37.85 on Wednesday. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 16.37 and a beta of 1.21. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 52-week low of $36.12 and a 52-week high of $45.80. The stock has a 50-day simple moving average of $41.80 and a 200-day simple moving average of $42.09.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.2305 per share. The ex-dividend date was Monday, December 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.