Waverly Advisors LLC Sells 37,840 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Waverly Advisors LLC reduced its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 3.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,071,783 shares of the company’s stock after selling 37,840 shares during the period. Waverly Advisors LLC owned 2.08% of Invesco RAFI US 1500 Small-Mid ETF worth $59,773,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. KWB Wealth boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.7% during the 2nd quarter. KWB Wealth now owns 27,177 shares of the company’s stock valued at $1,516,000 after purchasing an additional 185 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 6,604 shares of the company’s stock worth $303,000 after buying an additional 214 shares in the last quarter. RiverFront Investment Group LLC grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.8% during the 4th quarter. RiverFront Investment Group LLC now owns 12,599 shares of the company’s stock worth $578,000 after buying an additional 220 shares during the period. Blair William & Co. IL increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.6% in the 4th quarter. Blair William & Co. IL now owns 7,122 shares of the company’s stock valued at $327,000 after acquiring an additional 250 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 3.9% in the third quarter. Moneta Group Investment Advisors LLC now owns 6,715 shares of the company’s stock worth $305,000 after purchasing an additional 254 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 0.6%

PRFZ traded down $0.34 during midday trading on Tuesday, hitting $54.48. The company had a trading volume of 77,174 shares, compared to its average volume of 119,251. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $42.73 and a 52 week high of $56.84. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 18.02 and a beta of 1.06. The stock’s 50 day moving average price is $54.99 and its 200 day moving average price is $51.47.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.0992 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.7%.

Invesco RAFI US 1500 Small-Mid ETF 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.