Torren Management LLC Sells 35,794 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Torren Management LLC lessened its position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 93.5% in the first quarter, Holdings Channel.com reports. The firm owned 2,500 shares of the company’s stock after selling 35,794 shares during the period. Torren Management LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $115,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of PRFZ. Clearstead Trust LLC bought a new stake in Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter valued at approximately $45,000. Howe & Rusling Inc. grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 42.1% during the 4th quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock worth $47,000 after acquiring an additional 305 shares in the last quarter. Palisade Asset Management LLC bought a new position in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter worth approximately $69,000. Sunbelt Securities Inc. raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% in the third quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after purchasing an additional 297 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the third quarter valued at approximately $80,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 0.5%

Shares of PRFZ stock traded down $0.27 during trading on Friday, reaching $54.58. The company’s stock had a trading volume of 237,594 shares, compared to its average volume of 131,265. Invesco RAFI US 1500 Small-Mid ETF has a one year low of $40.27 and a one year high of $56.24. The business has a fifty day moving average price of $52.42 and a 200-day moving average price of $49.44. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 18.02 and a beta of 1.05.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

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

About Invesco 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.