Laurel Wealth Advisors LLC Sells 400 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Laurel Wealth Advisors LLC lessened its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 10.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,510 shares of the company’s stock after selling 400 shares during the period. Laurel Wealth Advisors LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $132,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of PRFZ. Barrett & Company Inc. raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.4% in the third quarter. Barrett & Company Inc. now owns 750 shares of the company’s stock valued at $25,000 after buying an additional 601 shares during the period. EPG Wealth Management LLC raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 401.2% in the third quarter. EPG Wealth Management LLC now owns 847 shares of the company’s stock valued at $28,000 after buying an additional 678 shares during the period. Baystate Wealth Management LLC raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.5% in the third quarter. Baystate Wealth Management LLC now owns 866 shares of the company’s stock valued at $29,000 after buying an additional 694 shares during the period. Stonebridge Capital Advisors LLC raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.5% in the third quarter. Stonebridge Capital Advisors LLC now owns 951 shares of the company’s stock valued at $31,000 after buying an additional 761 shares during the period. Finally, Sandy Spring Bank raised its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% in the third quarter. Sandy Spring Bank now owns 1,040 shares of the company’s stock valued at $34,000 after buying an additional 832 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.6 %

NASDAQ:PRFZ traded up $0.22 on Friday, hitting $37.35. The company’s stock had a trading volume of 56,397 shares, compared to its average volume of 135,606. The stock has a fifty day moving average of $37.88 and a two-hundred day moving average of $35.90. The firm has a market capitalization of $2.28 billion, a P/E ratio of 2.62 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a one year low of $30.29 and a one year high of $39.52.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.0861 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.92%.

About Invesco FTSE 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.