Charles Schwab Investment Advisory Inc. Acquires 877,406 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Charles Schwab Investment Advisory Inc. increased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,005,608 shares of the company’s stock after purchasing an additional 877,406 shares during the quarter. Invesco FTSE RAFI US 1500 Small-Mid ETF makes up 1.1% of Charles Schwab Investment Advisory Inc.’s investment portfolio, making the stock its 21st biggest holding. Charles Schwab Investment Advisory Inc. owned approximately 0.34% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $787,500,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 410.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 285,615 shares of the company’s stock valued at $9,422,000 after purchasing an additional 229,612 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 350.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 13,209 shares of the company’s stock worth $436,000 after acquiring an additional 10,277 shares during the period. Raymond James & Associates raised its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 404.1% in the 3rd quarter. Raymond James & Associates now owns 992,792 shares of the company’s stock worth $32,752,000 after acquiring an additional 795,848 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.6% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 122,673 shares of the company’s stock valued at $4,047,000 after acquiring an additional 98,166 shares during the period. Finally, Stratos Wealth Partners LTD. increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 538.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 16,549 shares of the company’s stock valued at $546,000 after buying an additional 13,957 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

Invesco FTSE RAFI US 1500 Small-Mid ETF stock traded down $0.21 during mid-day trading on Wednesday, reaching $38.38. The stock had a trading volume of 31,550 shares, compared to its average volume of 128,229. Invesco FTSE RAFI US 1500 Small-Mid ETF has a fifty-two week low of $30.29 and a fifty-two week high of $39.52. The stock’s 50-day simple moving average is $37.92 and its 200-day simple moving average is $36.18. The firm has a market capitalization of $2.35 billion, a PE ratio of 2.62 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0861 per share. This represents a $0.34 annualized dividend and a dividend 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.