Bank of New York Mellon Corp Raises Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Bank of New York Mellon Corp lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 6.8% in the 1st quarter, Holdings Channel reports. The fund owned 150,475 shares of the company’s stock after buying an additional 9,541 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $6,902,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its stake in Invesco RAFI US 1500 Small-Mid ETF by 82.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,347 shares of the company’s stock valued at $154,000 after acquiring an additional 1,514 shares during the period. Sanctuary Advisors LLC lifted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 6.9% during the first quarter. Sanctuary Advisors LLC now owns 278,140 shares of the company’s stock valued at $12,758,000 after purchasing an additional 17,959 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the first quarter worth about $241,000. Navigate Wealth Management LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the first quarter worth about $475,000. Finally, Diversify Wealth Management LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the first quarter worth about $2,501,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 1.7%

PRFZ opened at $54.67 on Tuesday. The firm has a 50-day moving average price of $53.50 and a 200-day moving average price of $50.24. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $41.01 and a twelve month high of $56.24. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 18.02 and a beta of 1.05.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.0992 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.40 annualized dividend and a yield of 0.7%.

Invesco 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.