Marquette Asset Management LLC Buys New Stake in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Marquette Asset Management LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) during the third quarter, HoldingsChannel.com reports. The firm purchased 18,406 shares of the company’s stock, valued at approximately $963,000. Invesco RAFI US 1500 Small-Mid ETF makes up approximately 0.1% of Marquette Asset Management LLC’s investment portfolio, making the stock its 27th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. KWB Wealth grew its position in Invesco RAFI US 1500 Small-Mid ETF by 0.7% during the 2nd quarter. KWB Wealth now owns 27,177 shares of the company’s stock worth $1,516,000 after acquiring an additional 185 shares during the last quarter. Allworth Financial LP raised its position in Invesco RAFI US 1500 Small-Mid ETF by 7.4% in the 2nd quarter. Allworth Financial LP now owns 2,758 shares of the company’s stock valued at $154,000 after purchasing an additional 190 shares during the last quarter. Resonant Capital Advisors LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.6% in the first quarter. Resonant Capital Advisors LLC now owns 30,390 shares of the company’s stock worth $1,394,000 after purchasing an additional 474 shares in the last quarter. Advance Capital Management Inc. boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 2.9% in the first quarter. Advance Capital Management Inc. now owns 17,172 shares of the company’s stock worth $788,000 after purchasing an additional 492 shares in the last quarter. Finally, Allied Private Wealth LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the second quarter worth $28,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 0.6%

Shares of NASDAQ:PRFZ opened at $53.16 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $42.73 and a 12 month high of $56.84. The company’s 50-day moving average price is $54.38 and its two-hundred day moving average price is $52.41. The firm has a market cap of $2.68 billion, a P/E ratio of 18.02 and a beta of 1.08.

Invesco RAFI US 1500 Small-Mid ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.1290 dividend. This is an increase from Invesco RAFI US 1500 Small-Mid ETF’s previous quarterly dividend of $0.0992. This represents a $0.52 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, September 21st.

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.