GAMMA Investing LLC Buys Shares of 1,174 Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

GAMMA Investing LLC purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,174 shares of the company’s stock, valued at approximately $46,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Stonebridge Capital Advisors LLC lifted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.5% during the third quarter. Stonebridge Capital Advisors LLC now owns 951 shares of the company’s stock valued at $31,000 after purchasing an additional 761 shares in the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $31,000. Johnson Financial Group Inc. grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 382.3% during the 4th quarter. Johnson Financial Group Inc. now owns 1,061 shares of the company’s stock valued at $40,000 after acquiring an additional 841 shares during the period. NBC Securities Inc. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter worth approximately $41,000. Finally, Sunbelt Securities Inc. increased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,430 shares of the company’s stock worth $47,000 after acquiring an additional 1,144 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $37.78 on Tuesday. The company has a market capitalization of $2.31 billion, a P/E ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $39.82. The firm’s 50 day simple moving average is $38.13 and its two-hundred day simple moving average is $37.59.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be paid a dividend of $0.1563 per share. This is a boost from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09. The ex-dividend date is Monday, June 24th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.65%.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

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.