Smith Salley Wealth Management Reduces Stock Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Smith Salley Wealth Management lowered its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 9.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,070 shares of the company’s stock after selling 2,136 shares during the quarter. Smith Salley Wealth Management’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $835,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC boosted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.0% during the 3rd quarter. Private Advisor Group LLC now owns 42,639 shares of the company’s stock valued at $1,772,000 after buying an additional 438 shares during the period. Blue Trust Inc. purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $68,000. Creative Planning boosted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 18.4% during the 3rd quarter. Creative Planning now owns 114,377 shares of the company’s stock valued at $4,752,000 after buying an additional 17,756 shares during the period. EP Wealth Advisors LLC purchased a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at $152,000. Finally, Johnson & White Wealth Management LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.1% in the 3rd quarter. Johnson & White Wealth Management LLC now owns 205,775 shares of the company’s stock worth $8,550,000 after purchasing an additional 9,948 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.4 %

NASDAQ:PRFZ opened at $42.62 on Monday. The company has a 50-day moving average price of $43.21 and a 200-day moving average price of $41.57. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $35.19 and a 12 month high of $45.80. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 2.78 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2305 dividend. The ex-dividend date was Monday, December 23rd.

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.