Accredited Investors Inc. Has $8.60 Million Stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Accredited Investors Inc. cut its position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 2.6% in the 3rd quarter, according to its most recent 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.’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $8,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,277,860 shares of the company’s stock valued at $53,095,000 after purchasing an additional 71,003 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.7% during the 2nd quarter. LPL Financial LLC now owns 1,219,068 shares of the company’s stock worth $46,495,000 after buying an additional 31,717 shares in the last quarter. First Foundation Advisors lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 21.7% during the 2nd quarter. First Foundation Advisors now owns 1,027,074 shares of the company’s stock worth $39,173,000 after buying an additional 182,834 shares during the last quarter. Raymond James & Associates boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 0.7% in the third quarter. Raymond James & Associates now owns 936,627 shares of the company’s stock valued at $38,917,000 after buying an additional 6,948 shares in the last quarter. Finally, Arbor Investment Advisors LLC grew its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.1% in the third quarter. Arbor Investment Advisors LLC now owns 869,260 shares of the company’s stock valued at $36,118,000 after acquiring an additional 9,212 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Down 1.2 %

Shares of NASDAQ PRFZ opened at $42.85 on Friday. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $32.83 and a 12 month high of $44.99. The stock has a 50-day moving average price of $41.65 and a two-hundred day moving average price of $40.05.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.131 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

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.