Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Expands By 77.1%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 61,225 shares, a growth of 77.1% from the February 12th total of 34,566 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 62,778 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 62,778 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s stock are sold short.

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

Large investors have recently added to or reduced their stakes in the stock. AlphaCore Capital LLC raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 3,737.0% during the second quarter. AlphaCore Capital LLC now owns 265,330 shares of the company’s stock valued at $10,791,000 after buying an additional 258,415 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 1.9% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 125,512 shares of the company’s stock valued at $5,105,000 after acquiring an additional 2,369 shares in the last quarter. Three Bridge Wealth Advisors LLC raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 8.5% in the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 267,437 shares of the company’s stock valued at $12,147,000 after acquiring an additional 20,972 shares in the last quarter. WCG Wealth Advisors LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 58.7% in the 2nd quarter. WCG Wealth Advisors LLC now owns 254,551 shares of the company’s stock worth $10,353,000 after acquiring an additional 94,200 shares during the period. Finally, M Holdings Securities Inc. acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth approximately $1,114,000.

Invesco RAFI US 1500 Small-Mid ETF Trading Down 0.4%

NASDAQ PRFZ traded down $0.18 during trading on Friday, hitting $45.47. 40,642 shares of the company traded hands, compared to its average volume of 109,607. Invesco RAFI US 1500 Small-Mid ETF has a 12 month low of $32.53 and a 12 month high of $50.09. The business has a fifty day simple moving average of $48.22 and a 200 day simple moving average of $46.48. The company has a market capitalization of $2.55 billion, a P/E ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.1144 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.