Orion Portfolio Solutions LLC Sells 1,267 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Orion Portfolio Solutions LLC lessened its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 11.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,824 shares of the company’s stock after selling 1,267 shares during the period. Orion Portfolio Solutions LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $408,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $27,000. Private Trust Co. NA raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% in the 3rd quarter. Private Trust Co. NA now owns 995 shares of the company’s stock worth $41,000 after acquiring an additional 420 shares during the last quarter. Oak Harbor Wealth Partners LLC bought a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at approximately $57,000. Blue Trust Inc. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $68,000. Finally, CBIZ Investment Advisory Services LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 2nd quarter worth $68,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $41.79 on Thursday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $35.08 and a 1 year high of $45.80. The company has a market cap of $2.58 billion, a P/E ratio of 2.78 and a beta of 1.17. The stock’s fifty day moving average price is $43.26 and its 200-day moving average price is $40.95.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.131 per share. This represents a $0.52 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Monday, September 23rd.

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.