First Foundation Advisors Sells 29,690 Shares of Invesco RAFI US 1500 Small-Mid ETF $PRFZ

First Foundation Advisors lessened its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 775,511 shares of the company’s stock after selling 29,690 shares during the period. Invesco RAFI US 1500 Small-Mid ETF comprises 1.3% of First Foundation Advisors’ holdings, making the stock its 17th largest position. First Foundation Advisors’ holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $35,588,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in PRFZ. Revolve Wealth Partners LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter worth about $518,000. CW Advisors LLC acquired a new position in Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at about $283,000. Cerity Partners LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 0.9% during the 2nd quarter. Cerity Partners LLC now owns 131,896 shares of the company’s stock valued at $5,364,000 after purchasing an additional 1,197 shares during the last quarter. Peapack Gladstone Financial Corp increased its holdings in Invesco RAFI US 1500 Small-Mid ETF by 50.1% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 8,745 shares of the company’s stock worth $356,000 after purchasing an additional 2,920 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in Invesco RAFI US 1500 Small-Mid ETF by 15.8% during the 2nd quarter. Diversify Advisory Services LLC now owns 41,166 shares of the company’s stock worth $1,763,000 after purchasing an additional 5,613 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 0.9%

PRFZ stock opened at $50.58 on Wednesday. The firm has a market capitalization of $2.88 billion, a PE ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a twelve month low of $37.88 and a twelve month high of $51.87. The stock’s 50 day moving average is $48.05 and its 200-day moving average is $47.35.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.1017 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.41 annualized dividend and a yield of 0.8%.

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.