CIBC Private Wealth Group LLC Sells 3,346 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

CIBC Private Wealth Group LLC reduced its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 22.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,869 shares of the company’s stock after selling 3,346 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $495,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tucker Asset Management LLC raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% during the 4th quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock worth $34,000 after purchasing an additional 310 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth about $35,000. Decker Retirement Planning Inc. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth about $61,000. Tanglewood Legacy Advisors LLC bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter worth about $91,000. Finally, Atlantic Edge Private Wealth Management LLC boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 502.2% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 2,680 shares of the company’s stock valued at $112,000 after acquiring an additional 2,235 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Down 4.4 %

Shares of PRFZ stock opened at $34.32 on Friday. The firm has a market cap of $2.12 billion, a P/E ratio of 16.63 and a beta of 1.17. The company has a 50 day moving average of $40.35 and a 200-day moving average of $41.79. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12-month low of $33.47 and a 12-month high of $45.80.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0437 per share. 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.