Marquette Asset Management LLC Sells 6,690 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Marquette Asset Management LLC lessened its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 13.1% in the fourth quarter, HoldingsChannel reports. The firm owned 44,455 shares of the company’s stock after selling 6,690 shares during the period. Invesco FTSE RAFI US 1500 Small-Mid ETF accounts for about 0.3% of Marquette Asset Management LLC’s holdings, making the stock its 26th biggest position. Marquette Asset Management LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $1,667,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Carnegie Capital Asset Management LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter valued at about $206,000. Perigon Wealth Management LLC grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.7% in the fourth quarter. Perigon Wealth Management LLC now owns 113,477 shares of the company’s stock valued at $4,254,000 after acquiring an additional 2,974 shares during the period. Valeo Financial Advisors LLC grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 8.4% in the fourth quarter. Valeo Financial Advisors LLC now owns 7,797 shares of the company’s stock valued at $292,000 after acquiring an additional 604 shares during the period. Cerity Partners LLC grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 23.8% in the fourth quarter. Cerity Partners LLC now owns 126,532 shares of the company’s stock valued at $4,744,000 after acquiring an additional 24,290 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the fourth quarter valued at about $346,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ:PRFZ traded up $0.22 on Friday, reaching $37.35. The company’s stock had a trading volume of 56,397 shares, compared to its average volume of 135,606. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $39.52. The firm has a market cap of $2.28 billion, a PE ratio of 2.62 and a beta of 1.17. The business’s 50-day moving average price is $37.88 and its two-hundred day moving average price is $35.86.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0861 per share. The ex-dividend date was Monday, March 18th. This represents a $0.34 annualized dividend and a dividend yield of 0.92%.

About Invesco FTSE 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.