Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Drops By 80.2%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 5,983 shares, a drop of 80.2% from the May 31st total of 30,157 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 91,853 shares, the short-interest ratio is presently 0.1 days.

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

Hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC raised its stake in Invesco RAFI US 1500 Small-Mid ETF by 3.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 6,604 shares of the company’s stock valued at $303,000 after purchasing an additional 214 shares during the last quarter. RiverFront Investment Group LLC boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 1.8% during the 4th quarter. RiverFront Investment Group LLC now owns 12,599 shares of the company’s stock worth $578,000 after purchasing an additional 220 shares during the last quarter. Blair William & Co. IL boosted its stake in Invesco RAFI US 1500 Small-Mid ETF by 3.6% during the 4th quarter. Blair William & Co. IL now owns 7,122 shares of the company’s stock worth $327,000 after purchasing an additional 250 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 3.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 6,715 shares of the company’s stock worth $305,000 after buying an additional 254 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.4% during the second quarter. Corient Private Wealth LLC now owns 20,614 shares of the company’s stock worth $838,000 after buying an additional 276 shares in the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 1.2%

Shares of NASDAQ PRFZ traded up $0.66 during trading on Friday, hitting $54.78. The company had a trading volume of 172,652 shares, compared to its average volume of 129,637. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07. The stock has a fifty day simple moving average of $51.45 and a two-hundred day simple moving average of $48.87. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $40.27 and a fifty-two week high of $54.81.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.0992 dividend. This represents a $0.40 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, June 22nd.

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.