38,294 Shares in Invesco RAFI US 1500 Small-Mid ETF $PRFZ Bought by Torren Management LLC

Torren Management LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 38,294 shares of the company’s stock, valued at approximately $1,757,000. Invesco RAFI US 1500 Small-Mid ETF comprises approximately 0.9% of Torren Management LLC’s holdings, making the stock its 18th biggest position. Torren Management LLC owned 0.07% of Invesco RAFI US 1500 Small-Mid ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PRFZ. Invesco Ltd. raised its position in Invesco RAFI US 1500 Small-Mid ETF by 29.1% in the third quarter. Invesco Ltd. now owns 456,331 shares of the company’s stock valued at $20,727,000 after purchasing an additional 102,983 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 18.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock valued at $27,536,000 after purchasing an additional 89,411 shares during the last quarter. JPMorgan Chase & Co. raised its position in Invesco RAFI US 1500 Small-Mid ETF by 164.7% in the third quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock valued at $5,854,000 after purchasing an additional 80,199 shares during the last quarter. Modern Wealth Management LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF in the second quarter valued at about $2,157,000. Finally, Stonebridge Financial Group LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 4.6% in the fourth quarter. Stonebridge Financial Group LLC now owns 723,888 shares of the company’s stock valued at $33,219,000 after purchasing an additional 31,792 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 0.1%

Invesco RAFI US 1500 Small-Mid ETF stock opened at $50.40 on Tuesday. The company has a market capitalization of $2.87 billion, a PE ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $36.07 and a 12 month high of $51.15. The stock has a 50-day moving average price of $47.66 and a two-hundred day moving average price of $47.00.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.1017 dividend. The ex-dividend date was Monday, March 23rd. This represents a $0.41 annualized dividend 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.