Orion Portfolio Solutions LLC Reduces Stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Orion Portfolio Solutions LLC lessened its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 11.4% in the third quarter, Holdings Channel reports. The fund owned 9,824 shares of the company’s stock after selling 1,267 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $408,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at about $27,000. Private Trust Co. NA grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% during the third quarter. Private Trust Co. NA now owns 995 shares of the company’s stock valued at $41,000 after buying an additional 420 shares during the period. Oak Harbor Wealth Partners LLC purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the third quarter valued at approximately $57,000. CBIZ Investment Advisory Services LLC bought a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the second quarter worth approximately $68,000. Finally, Blue Trust Inc. purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter worth $68,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ stock opened at $41.79 on Thursday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $35.08 and a 1 year high of $45.80. The firm has a fifty day moving average price of $43.26 and a 200-day moving average price of $40.95. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.131 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.25%. 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.