Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Stock Holdings Decreased by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC reduced its position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 24.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 178,625 shares of the company’s stock after selling 57,328 shares during the period. Invesco FTSE RAFI US 1500 Small-Mid ETF comprises approximately 1.5% of Arlington Financial Advisors LLC’s holdings, making the stock its 22nd largest position. Arlington Financial Advisors LLC owned approximately 0.30% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $7,016,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in PRFZ. WealthShield Partners LLC grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.4% during the fourth quarter. WealthShield Partners LLC now owns 11,510 shares of the company’s stock valued at $432,000 after purchasing an additional 275 shares in the last quarter. FAS Wealth Partners Inc. grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.5% during the fourth quarter. FAS Wealth Partners Inc. now owns 7,104 shares of the company’s stock valued at $266,000 after purchasing an additional 304 shares in the last quarter. PFG Advisors grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.0% during the fourth quarter. PFG Advisors now owns 31,670 shares of the company’s stock valued at $1,187,000 after purchasing an additional 329 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.8% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,390 shares of the company’s stock valued at $539,000 after purchasing an additional 390 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.4% during the fourth quarter. D.A. Davidson & CO. now owns 13,556 shares of the company’s stock valued at $508,000 after purchasing an additional 444 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

PRFZ traded up $0.32 on Friday, reaching $38.14. 79,825 shares of the company traded hands, compared to its average volume of 114,063. The stock’s 50 day moving average price is $38.25 and its 200-day moving average price is $37.65. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 52-week low of $30.29 and a 52-week high of $39.82. The company has a market cap of $2.34 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 announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.1563 dividend. This represents a $0.63 annualized dividend and a yield of 1.64%. This is an increase from Invesco FTSE RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Monday, June 24th.

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.