Parallel Advisors LLC Has $856,000 Stock Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Parallel Advisors LLC reduced its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 9.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 20,578 shares of the company’s stock after selling 2,202 shares during the quarter. Parallel Advisors LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $856,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Spire Wealth Management increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.9% in the 4th quarter. Spire Wealth Management now owns 8,644 shares of the company’s stock valued at $360,000 after acquiring an additional 403 shares during the period. Janney Montgomery Scott LLC increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 9,126 shares of the company’s stock valued at $380,000 after acquiring an additional 415 shares during the period. Private Trust Co. NA increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% in the 3rd quarter. Private Trust Co. NA now owns 995 shares of the company’s stock valued at $41,000 after acquiring an additional 420 shares during the period. Empower Advisory Group LLC increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 10.1% in the 4th quarter. Empower Advisory Group LLC now owns 5,656 shares of the company’s stock valued at $235,000 after acquiring an additional 520 shares during the period. Finally, Founders Financial Alliance LLC increased its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 17.0% during the fourth quarter. Founders Financial Alliance LLC now owns 4,621 shares of the company’s stock worth $192,000 after buying an additional 671 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Up 1.4 %

PRFZ opened at $38.98 on Thursday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a twelve month low of $36.12 and a twelve month high of $45.80. The company has a fifty day moving average of $41.37 and a 200-day moving average of $41.96. The stock has a market cap of $2.40 billion, a PE ratio of 16.37 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

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

Invesco FTSE RAFI US 1500 Small-Mid ETF Company 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.