Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Update

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 9,992 shares, a decline of 44.8% from the December 15th total of 18,114 shares. Based on an average trading volume of 65,862 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 65,862 shares, the days-to-cover ratio is presently 0.2 days.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 1.1%

Invesco RAFI US 1500 Small-Mid ETF stock traded up $0.53 during trading hours on Thursday, hitting $49.13. 87,706 shares of the company traded hands, compared to its average volume of 88,120. The firm’s 50-day simple moving average is $46.20 and its two-hundred day simple moving average is $44.74. The firm has a market cap of $2.76 billion, a P/E ratio of 18.02 and a beta of 1.11. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $32.53 and a 1-year high of $49.34.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.1144 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Investors Weigh In On Invesco RAFI US 1500 Small-Mid ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Howe & Rusling Inc. raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 72.6% during the third quarter. Howe & Rusling Inc. now owns 725 shares of the company’s stock worth $33,000 after acquiring an additional 305 shares in the last quarter. Blue Trust Inc. bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth $53,000. Private Trust Co. NA raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 33.0% during the second quarter. Private Trust Co. NA now owns 1,323 shares of the company’s stock valued at $54,000 after buying an additional 328 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 61.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,574 shares of the company’s stock worth $64,000 after acquiring an additional 598 shares during the period. Finally, Harbor Asset Planning Inc. bought a new position in Invesco RAFI US 1500 Small-Mid ETF in the second quarter worth $65,000.

Invesco RAFI US 1500 Small-Mid ETF Company 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.