Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC cut its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,201 shares of the company’s stock after selling 1,258 shares during the quarter. Private Advisor Group LLC owned about 0.07% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $1,610,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PRFZ. Benjamin F. Edwards & Company Inc. raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 169.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 717 shares of the company’s stock worth $28,000 after purchasing an additional 451 shares during the last quarter. Palisade Asset Management LLC purchased a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 1st quarter worth about $38,000. Johnson Financial Group Inc. grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 382.3% in 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 last quarter. NBC Securities Inc. acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at about $41,000. Finally, GAMMA Investing LLC purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 1st quarter valued at about $46,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ PRFZ opened at $40.70 on Friday. The firm’s 50-day moving average is $40.03 and its two-hundred day moving average is $38.80. The company has a market capitalization of $2.49 billion, a PE ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12-month low of $30.29 and a 12-month high of $42.64.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.1563 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date was Monday, June 24th. This is a boost from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09.

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.