Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Shares Sold by Solitude Financial Services

Solitude Financial Services lessened its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 22.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,650 shares of the company’s stock after selling 1,605 shares during the quarter. Solitude Financial Services’ holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $235,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PRFZ. Farther Finance Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter worth $27,000. Heritage Wealth Advisors increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 987.5% during the first quarter. Heritage Wealth Advisors now owns 1,740 shares of the company’s stock worth $68,000 after purchasing an additional 1,580 shares during the period. CBIZ Investment Advisory Services LLC purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the second quarter worth about $68,000. Blue Trust Inc. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter worth about $68,000. Finally, CWM LLC increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 27.7% during the second quarter. CWM LLC now owns 2,418 shares of the company’s stock worth $92,000 after purchasing an additional 524 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $41.25 on Tuesday. The firm has a market capitalization of $2.54 billion, a PE ratio of 2.78 and a beta of 1.17. The firm’s 50-day moving average is $41.07 and its two-hundred day moving average is $39.61. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $31.33 and a 1 year high of $42.64.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.131 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.52 dividend on an annualized basis and a yield of 1.27%.

Invesco FTSE 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.