Market Street Wealth Management Advisors LLC Cuts Stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Market Street Wealth Management Advisors LLC cut its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 8.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,725 shares of the company’s stock after selling 1,330 shares during the quarter. Market Street Wealth Management Advisors LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $570,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PRFZ. LPL Financial LLC raised its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.7% in the 2nd quarter. LPL Financial LLC now owns 1,219,068 shares of the company’s stock worth $46,495,000 after buying an additional 31,717 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,206,857 shares of the company’s stock valued at $46,030,000 after acquiring an additional 34,749 shares during the period. First Foundation Advisors lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 21.7% in the second quarter. First Foundation Advisors now owns 1,027,074 shares of the company’s stock valued at $39,173,000 after acquiring an additional 182,834 shares during the period. Bank of New York Mellon Corp grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 9.5% during the second quarter. Bank of New York Mellon Corp now owns 484,008 shares of the company’s stock valued at $18,460,000 after buying an additional 42,100 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.3% in the 2nd quarter. Cetera Investment Advisers now owns 424,811 shares of the company’s stock worth $16,202,000 after purchasing an additional 17,401 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Up 1.4 %

Shares of PRFZ opened at $42.44 on Thursday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 52 week low of $30.29 and a 52 week high of $42.64. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. The business has a 50-day simple moving average of $40.61 and a two-hundred day simple moving average of $39.29.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced 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. This represents a $0.52 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date was Monday, September 23rd.

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.