JPMorgan Chase & Co. Raises Stock Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

JPMorgan Chase & Co. raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 164.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,893 shares of the company’s stock after acquiring an additional 80,199 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.23% of Invesco RAFI US 1500 Small-Mid ETF worth $5,854,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Howe & Rusling Inc. grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 72.6% during the third quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock worth $33,000 after purchasing an additional 305 shares in the last quarter. Blue Trust Inc. purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth approximately $53,000. Palisade Asset Management LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth approximately $69,000. Geneos Wealth Management Inc. boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 47.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock worth $73,000 after purchasing an additional 581 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after buying an additional 297 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Invesco RAFI US 1500 Small-Mid ETF stock opened at $45.87 on Wednesday. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $50.09. The firm’s 50 day moving average price is $47.59 and its 200-day moving average price is $46.59. The stock has a market cap of $2.57 billion, a P/E ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.1017 per share. This represents a $0.41 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, March 23rd.

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.