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

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 13,200 shares, a growth of 25.7% from the August 31st total of 10,500 shares. Based on an average trading volume of 85,500 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. boosted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 169.5% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 717 shares of the company’s stock valued at $28,000 after purchasing an additional 451 shares during the period. Palisade Asset Management LLC bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at $38,000. GAMMA Investing LLC bought a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at $46,000. Mather Group LLC. purchased a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter worth about $64,000. Finally, Heritage Wealth Advisors increased its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 987.5% in the 1st quarter. Heritage Wealth Advisors now owns 1,740 shares of the company’s stock worth $68,000 after acquiring an additional 1,580 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $41.45 on Monday. The firm has a market capitalization of $2.54 billion, a P/E ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a one year low of $30.29 and a one year high of $42.64. The business has a fifty day moving average price of $40.36 and a 200-day moving average price of $39.02.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.131 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Monday, September 23rd.

Invesco FTSE 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.