SouthState Corp Sells 1,250 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

SouthState Corp cut its holdings in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 20.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,900 shares of the company’s stock after selling 1,250 shares during the quarter. SouthState Corp’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $199,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 6.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 20,959,358 shares of the company’s stock worth $793,521,000 after acquiring an additional 1,274,728 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 23.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 505,921 shares of the company’s stock valued at $19,154,000 after purchasing an additional 95,537 shares during the last quarter. Verum Partners LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 96.2% in the 2nd quarter. Verum Partners LLC now owns 146,392 shares of the company’s stock worth $5,954,000 after purchasing an additional 71,795 shares in the last quarter. Three Bridge Wealth Advisors LLC grew its stake in Invesco RAFI US 1500 Small-Mid ETF by 28.1% during the 2nd quarter. Three Bridge Wealth Advisors LLC now owns 246,465 shares of the company’s stock worth $10,024,000 after buying an additional 53,998 shares during the last quarter. Finally, Invesco Ltd. grew its stake in Invesco RAFI US 1500 Small-Mid ETF by 11.9% during the 1st quarter. Invesco Ltd. now owns 499,514 shares of the company’s stock worth $18,912,000 after buying an additional 53,031 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Invesco RAFI US 1500 Small-Mid ETF stock opened at $44.72 on Friday. The stock has a 50-day moving average of $45.37 and a two-hundred day moving average of $42.25. Invesco RAFI US 1500 Small-Mid ETF has a one year low of $32.53 and a one year high of $46.83. The stock has a market cap of $2.52 billion, a PE ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.115 dividend. This is a boost from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Monday, September 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 1.0%.

Invesco 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.