Invesco RAFI US 1500 Small-Mid ETF $PRFZ Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 486.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 191,807 shares of the company’s stock after buying an additional 159,073 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.34% of Invesco RAFI US 1500 Small-Mid ETF worth $8,802,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 3.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 6,715 shares of the company’s stock worth $305,000 after buying an additional 254 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.4% during the second quarter. Corient Private Wealth LLC now owns 20,614 shares of the company’s stock worth $838,000 after buying an additional 276 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 6.3% during the fourth quarter. Park Avenue Securities LLC now owns 4,768 shares of the company’s stock worth $219,000 after buying an additional 282 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the third quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock worth $78,000 after buying an additional 297 shares during the last quarter. Finally, Howe & Rusling Inc. boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 72.6% during the third quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock worth $33,000 after buying an additional 305 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ PRFZ opened at $51.18 on Friday. The stock’s fifty day moving average is $48.47 and its two-hundred day moving average is $47.58. The firm has a market capitalization of $2.91 billion, a P/E ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $37.88 and a fifty-two week high of $51.87.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

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

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.