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

Northwestern Mutual Wealth Management Co. grew its holdings in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 486.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 191,807 shares of the company’s stock after buying an additional 159,073 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco RAFI US 1500 Small-Mid ETF were worth $8,802,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PRFZ. Howe & Rusling Inc. lifted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 72.6% in the 3rd quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock valued at $33,000 after purchasing an additional 305 shares during the last quarter. Palisade Asset Management LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $69,000. Geneos Wealth Management Inc. lifted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 47.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,799 shares of the company’s stock valued at $73,000 after purchasing an additional 581 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 20.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after purchasing an additional 297 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $80,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 0.9%

Shares of Invesco RAFI US 1500 Small-Mid ETF stock opened at $51.18 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $37.88 and a 52 week high of $51.87. The business’s fifty day simple moving average is $48.47 and its 200-day simple moving average is $47.58. The firm has a market cap of $2.91 billion, a PE ratio of 18.02 and a beta of 1.07.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.1017 dividend. This represents a $0.41 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, March 23rd.

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.