AlphaCore Capital LLC Sells 27,467 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

AlphaCore Capital LLC lessened its position in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 10.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 240,302 shares of the company’s stock after selling 27,467 shares during the period. AlphaCore Capital LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $11,027,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PRFZ. Revolve Wealth Partners LLC bought a new stake in Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter worth $518,000. CW Advisors LLC bought a new stake in Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter worth $283,000. Cerity Partners LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 2nd quarter. Cerity Partners LLC now owns 131,896 shares of the company’s stock worth $5,364,000 after acquiring an additional 1,197 shares during the last quarter. Peapack Gladstone Financial Corp grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 50.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 8,745 shares of the company’s stock worth $356,000 after acquiring an additional 2,920 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 15.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 41,166 shares of the company’s stock worth $1,763,000 after acquiring an additional 5,613 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 1.6%

Shares of PRFZ opened at $49.71 on Friday. The firm’s 50-day moving average price is $48.15 and its 200-day moving average price is $47.42. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $37.88 and a 1-year high of $51.87.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.1017 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.8%.

About Invesco RAFI US 1500 Small-Mid ETF

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.