Cresset Asset Management LLC Grows Stock Holdings in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Cresset Asset Management LLC raised its stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 3.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,714 shares of the company’s stock after buying an additional 335 shares during the period. Cresset Asset Management LLC’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in PRFZ. Charles Schwab Investment Management Inc. boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 6.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 20,959,358 shares of the company’s stock valued at $793,521,000 after buying an additional 1,274,728 shares during the period. Focus Partners Wealth boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 1,505.5% in the 4th quarter. Focus Partners Wealth now owns 127,394 shares of the company’s stock valued at $5,301,000 after buying an additional 119,459 shares during the period. Avantax Advisory Services Inc. boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 23.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 505,921 shares of the company’s stock valued at $19,154,000 after buying an additional 95,537 shares during the period. GAMMA Investing LLC boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 6,114.9% in the 1st quarter. GAMMA Investing LLC now owns 89,122 shares of the company’s stock valued at $33,740,000 after buying an additional 87,688 shares during the period. Finally, Two Sigma Investments LP boosted its position in Invesco RAFI US 1500 Small-Mid ETF by 174.8% in the 4th quarter. Two Sigma Investments LP now owns 133,000 shares of the company’s stock valued at $5,534,000 after buying an additional 84,600 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Invesco RAFI US 1500 Small-Mid ETF stock opened at $44.51 on Monday. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 18.02 and a beta of 1.17. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $45.80. The firm has a 50-day moving average of $41.71 and a two-hundred day moving average of $39.70.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were issued a $0.1052 dividend. The ex-dividend date was Monday, June 23rd. This represents a $0.42 annualized dividend and a dividend yield of 0.9%.

Invesco RAFI US 1500 Small-Mid ETF 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.