Royal Bank of Canada Decreases Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Royal Bank of Canada trimmed its holdings in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 10.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 703,464 shares of the company’s stock after selling 81,209 shares during the quarter. Royal Bank of Canada owned 1.24% of Invesco RAFI US 1500 Small-Mid ETF worth $32,268,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Stonebridge Financial Group LLC lifted its stake in Invesco RAFI US 1500 Small-Mid ETF by 4.6% in the fourth quarter. Stonebridge Financial Group LLC now owns 723,888 shares of the company’s stock worth $33,219,000 after purchasing an additional 31,792 shares during the last quarter. Johnson & White Wealth Management LLC grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 7.4% during the fourth quarter. Johnson & White Wealth Management LLC now owns 254,833 shares of the company’s stock valued at $11,694,000 after buying an additional 17,523 shares during the last quarter. Torren Management LLC bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF during the fourth quarter valued at about $1,757,000. Trailhead Planners LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the fourth quarter worth about $480,000. Finally, Diversify Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 1st quarter valued at about $2,501,000.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 1.7%

NASDAQ PRFZ opened at $54.67 on Tuesday. The firm has a market cap of $2.81 billion, a PE ratio of 18.02 and a beta of 1.05. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $41.01 and a 1-year high of $56.24. The stock has a 50-day moving average of $53.50 and a 200-day moving average of $50.24.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

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