Invesco RAFI US 1500 Small-Mid ETF $PRFZ Position Cut by Charles Schwab Trust Co

Charles Schwab Trust Co decreased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 54.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,280 shares of the company’s stock after selling 59,998 shares during the quarter. Charles Schwab Trust Co’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $2,579,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PRFZ. Mather Group LLC. acquired a new position in Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $279,000. Triumph Capital Management acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth $93,000. Firethorn Wealth Partners LLC raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 11.0% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 16,505 shares of the company’s stock valued at $864,000 after acquiring an additional 1,639 shares during the last quarter. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $1,320,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $963,000.

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

Shares of NASDAQ:PRFZ traded up $0.43 during midday trading on Thursday, hitting $52.30. The company had a trading volume of 33,949 shares, compared to its average volume of 126,855. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $42.73 and a 12 month high of $56.84. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 18.02 and a beta of 1.08. The firm has a fifty day simple moving average of $54.22 and a 200 day simple moving average of $52.59.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

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

Invesco 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.