Cerity Partners LLC Has $5.29 Million Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Cerity Partners LLC decreased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 5.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 127,160 shares of the company’s stock after selling 7,785 shares during the period. Cerity Partners LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $5,291,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PRFZ. LPL Financial LLC increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.4% in the fourth quarter. LPL Financial LLC now owns 1,239,605 shares of the company’s stock valued at $51,580,000 after acquiring an additional 16,910 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter valued at approximately $42,003,000. Stonebridge Financial Group LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at approximately $26,113,000. Bank of New York Mellon Corp raised its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.8% in the 4th quarter. Bank of New York Mellon Corp now owns 492,813 shares of the company’s stock worth $20,506,000 after buying an additional 8,594 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 10.3% during the 4th quarter. Avantax Advisory Services Inc. now owns 410,384 shares of the company’s stock worth $17,076,000 after buying an additional 38,202 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $34.92 on Friday. The business’s fifty day moving average price is $39.19 and its two-hundred day moving average price is $41.45. Invesco FTSE RAFI US 1500 Small-Mid ETF has a fifty-two week low of $32.53 and a fifty-two week high of $45.80. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 16.63 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.0437 dividend. The ex-dividend date was Monday, March 24th.

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.