Ameriprise Financial Inc. Has $4.27 Million Position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Ameriprise Financial Inc. reduced its holdings in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 102,587 shares of the company’s stock after selling 6,087 shares during the period. Ameriprise Financial Inc. owned 0.17% of Invesco RAFI US 1500 Small-Mid ETF worth $4,271,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.8% in the 4th quarter. Bank of New York Mellon Corp now owns 492,813 shares of the company’s stock valued at $20,506,000 after buying an additional 8,594 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 18.8% in the 4th quarter. Jones Financial Companies Lllp now owns 12,102 shares of the company’s stock valued at $504,000 after buying an additional 1,914 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter valued at $341,000. Sanctuary Advisors LLC increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 2.9% in the 4th quarter. Sanctuary Advisors LLC now owns 37,364 shares of the company’s stock valued at $1,611,000 after buying an additional 1,049 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 19.7% in the 4th quarter. Larson Financial Group LLC now owns 14,599 shares of the company’s stock valued at $607,000 after buying an additional 2,401 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Invesco RAFI US 1500 Small-Mid ETF stock opened at $38.47 on Monday. The firm has a market capitalization of $2.26 billion, a PE ratio of 15.99 and a beta of 1.17. The company’s 50-day moving average is $37.23 and its 200-day moving average is $40.58. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $32.53 and a fifty-two week high of $45.80.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.0437 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.