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Launched on 09/20/2006, the Invesco RAFI US 1500 Small-Mid ETF (PRFZ) is a smart beta exchange traded fund offering broad exposure to the Style Box - Small Cap Blend category of the market.

Designed to provide broad exposure to the Small Cap Blend segment of the US equity market, the Invesco RAFI US 1500 Small-Mid ETF (PRFZ) is a passively managed exchange traded fund launched on September 20, 2006.

When small-cap stocks underperform for years, investors often forget they exist. Then sentiment shifts, and suddenly everyone remembers why diversified exposure to smaller companies matters. Invesco RAFI US 1500 Small-Mid ETF (NASDAQ: PRFZ) exists for that moment, offering a fundamentally weighted approach to 1,500 US small and mid-cap stocks that sidesteps the concentration risks of traditional... Invesco's 1,500…

Invesco RAFI US 1500 Small-Mid ETF offers diversified small-cap exposure with a unique fundamental weighting methodology. PRFZ has outperformed peers over 3- and 5-year periods, justifying its higher expense ratio versus other small-cap ETFs. The ETF's structure, with no stock over 0.9% weight, and broad sector allocation, reduces concentration risk.

Arbor Investment Advisors LLC decreased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ: PRFZ) by 13.7% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 775,675 shares of the company's stock after selling 123,252 shares