Cornerstone Wealth Management LLC Sells 1,015 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Cornerstone Wealth Management LLC cut its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,266 shares of the company’s stock after selling 1,015 shares during the period. Cornerstone Wealth Management LLC owned 0.21% of Invesco FTSE RAFI US 1500 Small-Mid ETF worth $5,337,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of PRFZ. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,277,860 shares of the company’s stock worth $53,095,000 after buying an additional 71,003 shares during the last quarter. Raymond James & Associates raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 0.7% during the third quarter. Raymond James & Associates now owns 936,627 shares of the company’s stock worth $38,917,000 after buying an additional 6,948 shares during the last quarter. Arbor Investment Advisors LLC raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.1% during the third quarter. Arbor Investment Advisors LLC now owns 869,260 shares of the company’s stock worth $36,118,000 after buying an additional 9,212 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.3% during the second quarter. Cetera Investment Advisers now owns 424,811 shares of the company’s stock worth $16,202,000 after buying an additional 17,401 shares during the last quarter. Finally, Johnson & White Wealth Management LLC raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 6.8% during the fourth quarter. Johnson & White Wealth Management LLC now owns 219,672 shares of the company’s stock worth $9,156,000 after buying an additional 13,897 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

Shares of NASDAQ PRFZ opened at $43.10 on Friday. The stock has a market cap of $2.64 billion, a P/E ratio of 2.78 and a beta of 1.17. The firm has a 50 day moving average price of $43.12 and a 200 day moving average price of $41.66. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 52-week low of $35.71 and a 52-week high of $45.80.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.2305 per share. The ex-dividend date was Monday, December 23rd.

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.