Short Interest in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Declines By 14.1%

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 17,000 shares, a decrease of 14.1% from the February 13th total of 19,800 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 181,900 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of PRFZ. Raymond James Financial Inc. purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth $42,003,000. Stonebridge Financial Group LLC purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth $26,113,000. Invesco Ltd. boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 118.1% during the fourth quarter. Invesco Ltd. now owns 446,483 shares of the company’s stock worth $18,578,000 after buying an additional 241,812 shares during the period. Independent Advisor Alliance purchased a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth $5,492,000. Finally, Focus Partners Wealth boosted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1,505.5% during the fourth quarter. Focus Partners Wealth now owns 127,394 shares of the company’s stock worth $5,301,000 after buying an additional 119,459 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.7 %

Invesco FTSE RAFI US 1500 Small-Mid ETF stock traded up $0.26 during mid-day trading on Wednesday, hitting $38.69. The company’s stock had a trading volume of 24,492 shares, compared to its average volume of 190,091. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $36.12 and a 1 year high of $45.80. The stock’s fifty day moving average is $41.43 and its two-hundred day moving average is $41.98. The firm has a market capitalization of $2.38 billion, a PE ratio of 16.37 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.2305 per share. The ex-dividend date was Monday, December 23rd.

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.