Invesco RAFI US 1500 Small-Mid ETF $PRFZ Shares Sold by Accredited Investors Inc.

Accredited Investors Inc. trimmed its stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 170,003 shares of the company’s stock after selling 16,353 shares during the quarter. Accredited Investors Inc.’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $7,801,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Howe & Rusling Inc. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 72.6% during the 3rd quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock worth $33,000 after buying an additional 305 shares in the last quarter. Palisade Asset Management LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth about $69,000. Geneos Wealth Management Inc. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 47.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock worth $73,000 after buying an additional 581 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock worth $78,000 after buying an additional 297 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth about $80,000.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 1.6%

PRFZ stock opened at $49.71 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $37.88 and a 52 week high of $51.87. The company has a market capitalization of $2.83 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07. The firm’s 50-day moving average is $48.15 and its two-hundred day moving average is $47.42.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.1017 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, March 23rd.

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.