Lido Advisors LLC Sells 11,378 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Lido Advisors LLC cut its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 43.1% during the 1st quarter, HoldingsChannel reports. 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 reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 2,522,075 shares of the company’s stock valued at $114,553,000 after purchasing an additional 21,438 shares in the last quarter. LPL Financial LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 9.4% in the 4th quarter. LPL Financial LLC now owns 1,332,004 shares of the company’s stock worth $61,126,000 after purchasing an additional 114,759 shares during the period. Raymond James Financial Inc. lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.3% in the second quarter. Raymond James Financial Inc. now owns 1,034,412 shares of the company’s stock worth $42,070,000 after purchasing an additional 13,062 shares during the last quarter. Cetera Investment Advisers lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 3.6% in the first quarter. Cetera Investment Advisers now owns 1,031,218 shares of the company’s stock worth $47,302,000 after purchasing an additional 35,362 shares during the last quarter. Finally, Arbor Investment Advisors LLC boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 2.5% during the first quarter. Arbor Investment Advisors LLC now owns 803,591 shares of the company’s stock valued at $36,861,000 after buying an additional 19,510 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 1.4%

Shares of NASDAQ:PRFZ opened at $53.21 on Thursday. The stock’s 50-day moving average price is $53.32 and its 200-day moving average price is $50.12. Invesco RAFI US 1500 Small-Mid ETF has a 12-month low of $40.27 and a 12-month high of $56.24. The stock 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 business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.0992 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.40 annualized dividend 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.