Capital Market Strategies LLC Sells 875 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Capital Market Strategies LLC decreased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 11.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,835 shares of the company’s stock after selling 875 shares during the quarter. Capital Market Strategies LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $278,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Northern Trust Corp grew its stake in Invesco RAFI US 1500 Small-Mid ETF by 2.9% in the fourth quarter. Northern Trust Corp now owns 9,555 shares of the company’s stock worth $398,000 after purchasing an additional 270 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 62.9% in the 4th quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock worth $33,000 after purchasing an additional 307 shares in the last quarter. NorthRock Partners LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.6% in the 1st quarter. NorthRock Partners LLC now owns 3,596 shares of the company’s stock worth $136,000 after purchasing an additional 316 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.2% in the 1st quarter. Cresset Asset Management LLC now owns 10,714 shares of the company’s stock worth $406,000 after purchasing an additional 335 shares in the last quarter. Finally, Ancora Advisors LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 10.9% in the 1st quarter. Ancora Advisors LLC now owns 5,100 shares of the company’s stock worth $193,000 after purchasing an additional 500 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ stock opened at $45.25 on Friday. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 18.02 and a beta of 1.17. The business has a fifty day moving average of $43.00 and a 200 day moving average of $39.98. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $45.83.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were paid a $0.1052 dividend. The ex-dividend date was Monday, June 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.9%.

Invesco 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.