Invesco RAFI US 1500 Small-Mid ETF $PRFZ Stock Sold by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC lessened its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 13.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 661,168 shares of the company’s stock after selling 101,695 shares during the period. Invesco RAFI US 1500 Small-Mid ETF accounts for approximately 2.5% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 8th biggest position. Stonebridge Financial Group LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $34,599,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. KWB Wealth boosted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.7% during the 2nd quarter. KWB Wealth now owns 27,177 shares of the company’s stock worth $1,516,000 after purchasing an additional 185 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 7.4% in the second quarter. Allworth Financial LP now owns 2,758 shares of the company’s stock valued at $154,000 after purchasing an additional 190 shares during the last quarter. Resonant Capital Advisors LLC increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.6% in the first quarter. Resonant Capital Advisors LLC now owns 30,390 shares of the company’s stock valued at $1,394,000 after purchasing an additional 474 shares during the last quarter. Advance Capital Management Inc. lifted its position in Invesco RAFI US 1500 Small-Mid ETF by 2.9% during the first quarter. Advance Capital Management Inc. now owns 17,172 shares of the company’s stock worth $788,000 after buying an additional 492 shares in the last quarter. Finally, Allied Private Wealth LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF during the second quarter worth approximately $28,000.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 0.8%

NASDAQ PRFZ traded up $0.40 on Thursday, reaching $52.73. 289,308 shares of the company were exchanged, compared to its average volume of 128,593. The business’s fifty day moving average price is $54.46 and its 200 day moving average price is $52.09. The stock has a market capitalization of $2.71 billion, a P/E ratio of 18.02 and a beta of 1.06. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $42.73 and a fifty-two week high of $56.84.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a $0.1290 dividend. This is a boost from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.52 dividend on an annualized basis and a dividend 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.