NFP Retirement Inc. Acquires 17,684 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

NFP Retirement Inc. boosted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,498 shares of the company’s stock after acquiring an additional 17,684 shares during the period. Invesco FTSE RAFI US 1500 Small-Mid ETF accounts for about 1.4% of NFP Retirement Inc.’s investment portfolio, making the stock its 15th largest holding. NFP Retirement Inc. owned about 0.68% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $17,497,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Oarsman Capital Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter worth $32,000. Integrity Financial Corp WA purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% during the 4th quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock valued at $34,000 after purchasing an additional 310 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $35,000. Finally, Decker Retirement Planning Inc. purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter worth about $61,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

Shares of NASDAQ PRFZ opened at $34.59 on Friday. The firm’s 50 day moving average price is $39.35 and its 200-day moving average price is $41.49. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 52-week low of $32.53 and a 52-week high of $45.80. The company has a market cap of $2.14 billion, a PE ratio of 16.63 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0437 per share. The ex-dividend date was 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.