Stonebridge Financial Group LLC Sells 101,695 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Stonebridge Financial Group LLC lowered its stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ – Free Report) by 13.3% in the third quarter, according to its most recent Form 13F filing with the Securities & 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 comprises 2.5% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 8th biggest position. Stonebridge Financial Group LLC owned about 1.29% of Invesco RAFI US 1500 Small-Mid ETF worth $34,599,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 14.9% in the 1st quarter. Bank of America Corp DE now owns 2,858,934 shares of the company’s stock valued at $131,139,000 after buying an additional 370,099 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 3.6% during the 1st quarter. Cetera Investment Advisers now owns 1,031,218 shares of the company’s stock worth $47,302,000 after buying an additional 35,362 shares in the last quarter. Arbor Investment Advisors LLC increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 2.5% during the 1st quarter. Arbor Investment Advisors LLC now owns 803,591 shares of the company’s stock worth $36,861,000 after buying an additional 19,510 shares in the last quarter. WCG Wealth Advisors LLC raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 175.5% during the fourth quarter. WCG Wealth Advisors LLC now owns 627,859 shares of the company’s stock valued at $28,813,000 after acquiring an additional 399,995 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 6.9% during the first quarter. Sanctuary Advisors LLC now owns 278,140 shares of the company’s stock valued at $12,758,000 after acquiring an additional 17,959 shares during the last quarter.

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

Shares of NASDAQ PRFZ traded up $0.40 during midday trading on Thursday, hitting $52.73. The stock had a trading volume of 289,308 shares, compared to its average volume of 128,593. The stock has a 50 day simple moving average of $54.46 and a 200-day simple moving average of $52.09. The company has a market capitalization of $2.71 billion, a PE ratio of 18.02 and a beta of 1.06. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $42.73 and a 1 year high of $56.84.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.1290 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.52 annualized dividend and a yield of 1.0%. This is an increase from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992.

Invesco RAFI US 1500 Small-Mid ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

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