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

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 6,692 shares, a decrease of 42.0% from the April 15th total of 11,546 shares. Based on an average trading volume of 64,009 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco RAFI US 1500 Small-Mid ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Stonebridge Financial Group LLC boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 4.6% in the 4th quarter. Stonebridge Financial Group LLC now owns 723,888 shares of the company’s stock worth $33,219,000 after buying an additional 31,792 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 18.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock worth $27,536,000 after purchasing an additional 89,411 shares during the period. JPMorgan Chase & Co. raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 164.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock worth $5,854,000 after purchasing an additional 80,199 shares during the period. Torren Management LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter worth $1,757,000. Finally, Jones Financial Companies Lllp raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 53.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 48,280 shares of the company’s stock worth $2,196,000 after purchasing an additional 16,819 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ stock opened at $49.65 on Tuesday. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $37.88 and a fifty-two week high of $51.87. The business’s 50 day moving average price is $48.19 and its two-hundred day moving average price is $47.45. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.1017 per share. This represents a $0.41 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, March 23rd.

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.