Waddell & Associates LLC Has $729,000 Stock Position in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Waddell & Associates LLC lowered its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 4.6% during the fourth quarter, Holdings Channel reports. The fund owned 17,511 shares of the company’s stock after selling 835 shares during the quarter. Waddell & Associates LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $729,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Oarsman Capital Inc. purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% in the 4th quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock valued at $34,000 after acquiring an additional 310 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter worth approximately $35,000. Decker Retirement Planning Inc. bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth approximately $61,000. Finally, Tanglewood Legacy Advisors LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter valued at approximately $91,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Down 2.4 %

NASDAQ:PRFZ opened at $33.13 on Wednesday. The company’s 50 day moving average is $39.78 and its 200-day moving average is $41.62. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $32.53 and a 12 month high of $45.80. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 16.63 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.0437 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Invesco FTSE 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.