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

Waverly Advisors LLC cut its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 3.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,071,783 shares of the company’s stock after selling 37,840 shares during the period. Waverly Advisors LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $59,773,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Citadel Advisors LLC bought a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth approximately $1,909,000. Ameritas Advisory Services LLC bought a new stake in Invesco RAFI US 1500 Small-Mid ETF during the second quarter worth $272,000. First PREMIER Bank purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at $1,376,000. JNBA Financial Advisors bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at $57,000. Finally, JFS Wealth Advisors LLC lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 3.7% during the 2nd quarter. JFS Wealth Advisors LLC now owns 55,566 shares of the company’s stock valued at $3,099,000 after acquiring an additional 1,958 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ PRFZ traded down $0.34 during trading on Tuesday, hitting $54.48. The stock 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 12 month low of $42.73 and a 12 month high of $56.84. The company has a market capitalization of $2.80 billion, a PE ratio of 18.02 and a beta of 1.06. The firm has a fifty day moving average of $54.99 and a two-hundred day moving average of $51.47.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

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

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.