Accredited Investors Inc. Cuts Stock Holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Accredited Investors Inc. lessened its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 201,257 shares of the company’s stock after selling 5,702 shares during the period. Accredited Investors Inc.’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $8,374,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PRFZ. Oarsman Capital Inc. acquired a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter worth $32,000. Tucker Asset Management LLC raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% in the fourth quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock valued at $34,000 after buying an additional 310 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter worth about $35,000. Decker Retirement Planning Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth about $61,000. Finally, Tanglewood Legacy Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at approximately $91,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $35.96 on Thursday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $45.80. The stock has a market cap of $2.22 billion, a PE ratio of 16.63 and a beta of 1.17. The firm has a fifty day moving average price of $39.50 and a 200 day moving average price of $41.54.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0437 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.