Royal Bank of Canada Sells 81,209 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Royal Bank of Canada decreased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 10.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 703,464 shares of the company’s stock after selling 81,209 shares during the period. Royal Bank of Canada’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $32,268,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Clearstead Trust LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF during the fourth quarter valued at approximately $45,000. Howe & Rusling Inc. boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 42.1% in the fourth quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after acquiring an additional 305 shares in the last quarter. Palisade Asset Management LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $69,000. Geneos Wealth Management Inc. raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 47.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock worth $73,000 after purchasing an additional 581 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock worth $78,000 after purchasing an additional 297 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 1.7%

Shares of PRFZ opened at $54.67 on Tuesday. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $41.01 and a 1-year high of $56.24. The firm’s 50-day moving average price is $53.50 and its 200-day moving average price is $50.24. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 18.02 and a beta of 1.05.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.0992 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%.

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.