Arbor Investment Advisors LLC Has $36.56 Million Stock Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Arbor Investment Advisors LLC increased its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 898,927 shares of the company’s stock after buying an additional 13,935 shares during the period. Invesco RAFI US 1500 Small-Mid ETF accounts for approximately 4.7% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Arbor Investment Advisors LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $36,559,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 6.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 20,959,358 shares of the company’s stock valued at $793,521,000 after acquiring an additional 1,274,728 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 23.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 505,921 shares of the company’s stock valued at $19,154,000 after purchasing an additional 95,537 shares during the period. Verum Partners LLC lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 96.2% in the 2nd quarter. Verum Partners LLC now owns 146,392 shares of the company’s stock valued at $5,954,000 after purchasing an additional 71,795 shares during the last quarter. Three Bridge Wealth Advisors LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 28.1% during the second quarter. Three Bridge Wealth Advisors LLC now owns 246,465 shares of the company’s stock worth $10,024,000 after purchasing an additional 53,998 shares during the period. Finally, Invesco Ltd. increased its position in Invesco RAFI US 1500 Small-Mid ETF by 11.9% during the first quarter. Invesco Ltd. now owns 499,514 shares of the company’s stock worth $18,912,000 after buying an additional 53,031 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 0.4%

NASDAQ:PRFZ opened at $45.01 on Monday. Invesco RAFI US 1500 Small-Mid ETF has a 12-month low of $32.53 and a 12-month high of $46.47. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 18.02 and a beta of 1.17. The stock’s 50 day moving average price is $44.79 and its two-hundred day moving average price is $41.18.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.115 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This is a boost from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%.

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.