Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Unusually-High Trading Volume

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) shares saw strong trading volume on Tuesday . 547,078 shares traded hands during trading, an increase of 297% from the previous session’s volume of 137,850 shares.The stock last traded at $36.54 and had previously closed at $36.72.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Down 0.8 %

The company has a 50 day simple moving average of $37.93 and a 200-day simple moving average of $35.65. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 2.66 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.0861 dividend. This represents a $0.34 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Trading of Invesco FTSE RAFI US 1500 Small-Mid ETF

Several large investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Advisory Inc. boosted its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.4% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 21,005,608 shares of the company’s stock valued at $787,500,000 after purchasing an additional 877,406 shares in the last quarter. Waverly Advisors LLC boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.8% in the fourth quarter. Waverly Advisors LLC now owns 1,631,552 shares of the company’s stock worth $61,167,000 after buying an additional 44,148 shares during the period. Morgan Stanley boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 389.1% in the third quarter. Morgan Stanley now owns 1,218,530 shares of the company’s stock worth $40,199,000 after buying an additional 969,369 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,172,108 shares of the company’s stock worth $46,040,000 after buying an additional 118,251 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 395.3% in the third quarter. Invesco Ltd. now owns 1,050,326 shares of the company’s stock worth $34,650,000 after buying an additional 838,257 shares during the period.

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.