LPL Financial LLC Has $51.58 Million Stock Holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

LPL Financial LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,239,605 shares of the company’s stock after purchasing an additional 16,910 shares during the period. LPL Financial LLC owned approximately 2.01% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $51,580,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter worth approximately $42,003,000. Stonebridge Financial Group LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter valued at approximately $26,113,000. Independent Advisor Alliance acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth approximately $5,492,000. Traction Financial Partners LLC lifted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 512.9% in the 4th quarter. Traction Financial Partners LLC now owns 106,470 shares of the company’s stock worth $4,430,000 after purchasing an additional 89,099 shares in the last quarter. Finally, EQ Wealth Advisors LLC acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at $1,991,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Down 0.3 %

PRFZ opened at $38.76 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $36.12 and a 1-year high of $45.80. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 16.63 and a beta of 1.21. The company’s fifty day moving average price is $41.05 and its two-hundred day moving average price is $41.90.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.0437 dividend. The ex-dividend date is Monday, March 24th.

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.