Private Ocean LLC Lowers Stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Private Ocean LLC lessened its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 81,849 shares of the company’s stock after selling 1,941 shares during the quarter. Private Ocean LLC owned about 0.13% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $3,122,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in PRFZ. Benjamin F. Edwards & Company Inc. grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 169.5% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 717 shares of the company’s stock valued at $28,000 after purchasing an additional 451 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter valued at approximately $31,000. Palisade Asset Management LLC purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 1st quarter worth approximately $38,000. Johnson Financial Group Inc. raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 382.3% in the 4th quarter. Johnson Financial Group Inc. now owns 1,061 shares of the company’s stock worth $40,000 after acquiring an additional 841 shares during the last quarter. Finally, NBC Securities Inc. bought a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at approximately $41,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.5 %

Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $41.29 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $30.29 and a 12 month high of $42.64. The stock has a fifty day simple moving average of $39.62 and a two-hundred day simple moving average of $38.64. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.1563 dividend. This represents a $0.63 annualized dividend and a yield of 1.51%. This is an increase from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Monday, June 24th.

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.