Lido Advisors LLC Lowers Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Lido Advisors LLC lessened its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 43.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,994 shares of the company’s stock after selling 11,378 shares during the quarter. Lido Advisors LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $688,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of PRFZ. Clearstead Trust LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF in the fourth quarter valued at approximately $45,000. Howe & Rusling Inc. increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 42.1% in the 4th quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock worth $47,000 after buying an additional 305 shares during the last quarter. Palisade Asset Management LLC bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter worth $69,000. Geneos Wealth Management Inc. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 47.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock valued at $73,000 after buying an additional 581 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after buying an additional 297 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ PRFZ opened at $53.21 on Thursday. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $40.27 and a 52-week high of $56.24. The company has a fifty day moving average of $53.32 and a 200-day moving average of $50.12. The company has a market capitalization of $2.74 billion, a P/E ratio of 18.02 and a beta of 1.05.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

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

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.