Accredited Investors Inc. Sells 5,486 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Accredited Investors Inc. trimmed its position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,959 shares of the company’s stock after selling 5,486 shares during the quarter. Accredited Investors Inc. owned 0.34% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $8,599,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $27,000. Oak Harbor Wealth Partners LLC bought a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter worth about $57,000. CBIZ Investment Advisory Services LLC acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the second quarter valued at approximately $68,000. Blue Trust Inc. bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at approximately $68,000. Finally, CWM LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 27.7% during the 2nd quarter. CWM LLC now owns 2,418 shares of the company’s stock worth $92,000 after buying an additional 524 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $42.85 on Friday. The business has a 50 day simple moving average of $41.65 and a 200 day simple moving average of $40.05. Invesco FTSE RAFI US 1500 Small-Mid ETF has a one year low of $32.83 and a one year high of $44.99. The company has a market capitalization of $2.64 billion, a PE ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.131 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Monday, September 23rd.

Invesco FTSE 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.