Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Shares Sold by Tradition Wealth Management LLC

Tradition Wealth Management LLC decreased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,168 shares of the company’s stock after selling 266 shares during the quarter. Tradition Wealth Management LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $547,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PRFZ. Private Advisor Group LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.0% during the third quarter. Private Advisor Group LLC now owns 42,639 shares of the company’s stock worth $1,772,000 after acquiring an additional 438 shares during the last quarter. Blue Trust Inc. acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter worth approximately $68,000. Creative Planning grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 18.4% during the 3rd quarter. Creative Planning now owns 114,377 shares of the company’s stock worth $4,752,000 after purchasing an additional 17,756 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at approximately $152,000. Finally, Johnson & White Wealth Management LLC raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.1% in the third quarter. Johnson & White Wealth Management LLC now owns 205,775 shares of the company’s stock worth $8,550,000 after buying an additional 9,948 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ opened at $45.12 on Monday. The company’s fifty day moving average price is $42.42 and its 200-day moving average price is $40.46. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $33.43 and a 1-year high of $45.80. The firm has a market capitalization of $2.78 billion, a PE ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.131 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Monday, September 23rd.

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.