Navigate Wealth Management LLC Makes New $475,000 Investment in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Navigate Wealth Management LLC acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,451 shares of the company’s stock, valued at approximately $475,000.

Other hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 6,604 shares of the company’s stock valued at $303,000 after acquiring an additional 214 shares in the last quarter. RiverFront Investment Group LLC lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.8% in the 4th quarter. RiverFront Investment Group LLC now owns 12,599 shares of the company’s stock worth $578,000 after purchasing an additional 220 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.6% in the 4th quarter. Blair William & Co. IL now owns 7,122 shares of the company’s stock worth $327,000 after purchasing an additional 250 shares in the last quarter. Moneta Group Investment Advisors LLC grew its position in Invesco RAFI US 1500 Small-Mid ETF by 3.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 6,715 shares of the company’s stock valued at $305,000 after purchasing an additional 254 shares during the period. Finally, Corient Private Wealth LLC grew its position in Invesco RAFI US 1500 Small-Mid ETF by 1.4% in the 2nd quarter. Corient Private Wealth LLC now owns 20,614 shares of the company’s stock valued at $838,000 after purchasing an additional 276 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Shares of PRFZ stock opened at $54.58 on Monday. The firm has a market capitalization of $2.80 billion, a PE ratio of 18.02 and a beta of 1.05. The firm has a fifty day simple moving average of $52.42 and a two-hundred day simple moving average of $49.46. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $40.27 and a 12 month high of $56.24.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0992 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, June 22nd.

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.