Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Shares Sold by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC cut its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 863,662 shares of the company’s stock after selling 5,598 shares during the quarter. Invesco FTSE RAFI US 1500 Small-Mid ETF makes up 5.0% of Arbor Investment Advisors LLC’s portfolio, making the stock its 6th largest position. Arbor Investment Advisors LLC owned 1.40% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $35,937,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PRFZ. Farther Finance Advisors LLC acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter worth about $27,000. Private Trust Co. NA grew its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% during the 3rd quarter. Private Trust Co. NA now owns 995 shares of the company’s stock worth $41,000 after buying an additional 420 shares during the period. Oak Harbor Wealth Partners LLC bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at about $57,000. Decker Retirement Planning Inc. bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $61,000. Finally, Blue Trust Inc. bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at about $68,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

NASDAQ:PRFZ opened at $41.19 on Friday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a fifty-two week low of $36.12 and a fifty-two week high of $45.80. The stock has a market capitalization of $2.51 billion, a PE ratio of 17.60 and a beta of 1.19. The business’s 50-day simple moving average is $42.41 and its 200-day simple moving average is $42.05.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.2305 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco FTSE 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.