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 April. As of April 30th, there was short interest totaling 6,692 shares, a decline of 42.0% from the April 15th total of 11,546 shares. Based on an average daily volume of 64,009 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

Shares of NASDAQ PRFZ traded down $0.82 during mid-day trading on Friday, reaching $49.71. 41,535 shares of the company’s stock were exchanged, compared to its average volume of 141,105. The company’s 50-day moving average is $48.15 and its 200-day moving average is $47.42. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $37.88 and a 52-week high of $51.87.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business 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 of this dividend was Monday, March 23rd.

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

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 2,522,075 shares of the company’s stock valued at $114,553,000 after purchasing an additional 21,438 shares during the last quarter. LPL Financial LLC boosted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 9.4% during the fourth quarter. LPL Financial LLC now owns 1,332,004 shares of the company’s stock worth $61,126,000 after buying an additional 114,759 shares during the period. Raymond James Financial Inc. grew its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.3% in the second quarter. Raymond James Financial Inc. now owns 1,034,412 shares of the company’s stock valued at $42,070,000 after buying an additional 13,062 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.6% in the 1st quarter. Cetera Investment Advisers now owns 1,031,218 shares of the company’s stock valued at $47,302,000 after buying an additional 35,362 shares during the period. Finally, Arbor Investment Advisors LLC raised its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 2.5% in the 1st quarter. Arbor Investment Advisors LLC now owns 803,591 shares of the company’s stock valued at $36,861,000 after buying an additional 19,510 shares during the period.

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.