Invesco RAFI US 1500 Small-Mid ETF $PRFZ Shares Sold by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC decreased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 13.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 775,675 shares of the company’s stock after selling 123,252 shares during the period. Invesco RAFI US 1500 Small-Mid ETF makes up 4.5% of Arbor Investment Advisors LLC’s portfolio, making the stock its 7th biggest holding. Arbor Investment Advisors LLC owned 1.37% of Invesco RAFI US 1500 Small-Mid ETF worth $35,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in PRFZ. Blue Trust Inc. bought a new stake in Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth approximately $53,000. Private Trust Co. NA increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 33.0% in the second quarter. Private Trust Co. NA now owns 1,323 shares of the company’s stock valued at $54,000 after buying an additional 328 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 61.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,574 shares of the company’s stock valued at $64,000 after acquiring an additional 598 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth $65,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter worth $70,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 0.6%

Shares of Invesco RAFI US 1500 Small-Mid ETF stock opened at $46.17 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a 12-month low of $32.53 and a 12-month high of $47.87. The firm has a market capitalization of $2.60 billion, a PE ratio of 18.02 and a beta of 1.11. The stock’s fifty day moving average is $45.81 and its 200-day moving average is $44.27.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.1144 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 1.0%.

Invesco RAFI US 1500 Small-Mid ETF Company 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.