Focus Partners Wealth Boosts Stake in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Focus Partners Wealth raised its holdings in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 24.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,505 shares of the company’s stock after purchasing an additional 31,111 shares during the quarter. Focus Partners Wealth owned 0.27% of Invesco RAFI US 1500 Small-Mid ETF worth $6,001,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Continuum Advisory LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 62.9% in the fourth quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock valued at $33,000 after purchasing an additional 307 shares during the period. IFP Advisors Inc raised its position in Invesco RAFI US 1500 Small-Mid ETF by 7,284.6% in the first quarter. IFP Advisors Inc now owns 1,920 shares of the company’s stock valued at $73,000 after purchasing an additional 1,894 shares during the period. Russell Investments Group Ltd. purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF in the first quarter valued at $87,000. GAMMA Investing LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 64.2% in the first quarter. GAMMA Investing LLC now owns 2,354 shares of the company’s stock valued at $89,000 after purchasing an additional 920 shares during the period. Finally, NorthRock Partners LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 9.6% in the first quarter. NorthRock Partners LLC now owns 3,596 shares of the company’s stock valued at $136,000 after purchasing an additional 316 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 1.2%

NASDAQ:PRFZ opened at $45.25 on Monday. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $32.53 and a 52 week high of $45.83. The company has a market capitalization of $2.59 billion, a P/E ratio of 18.02 and a beta of 1.17. The stock’s fifty day moving average is $43.00 and its two-hundred day moving average is $39.97.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a $0.1052 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.42 dividend on an annualized basis 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.