Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Large Drop in Short Interest

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZGet Free Report) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 9,400 shares, a decline of 48.1% from the January 15th total of 18,100 shares. Based on an average daily volume of 151,200 shares, the days-to-cover ratio is currently 0.1 days.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ stock traded up $0.60 during trading on Monday, hitting $37.85. The stock had a trading volume of 127,279 shares, compared to its average volume of 144,858. The company’s 50 day moving average price is $36.47 and its two-hundred day moving average price is $34.53. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1-year low of $30.29 and a 1-year high of $38.29. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 18.72 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Tuesday, December 19th were issued a $0.1202 dividend. The ex-dividend date was Monday, December 18th. This represents a $0.48 annualized dividend and a yield of 1.27%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PRFZ. Barrett & Company Inc. raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.4% in the 3rd quarter. Barrett & Company Inc. now owns 750 shares of the company’s stock valued at $25,000 after acquiring an additional 601 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at about $25,000. EPG Wealth Management LLC increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 401.2% during the 3rd quarter. EPG Wealth Management LLC now owns 847 shares of the company’s stock valued at $28,000 after acquiring an additional 678 shares during the last quarter. Baystate Wealth Management LLC increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 403.5% during the 3rd quarter. Baystate Wealth Management LLC now owns 866 shares of the company’s stock valued at $29,000 after acquiring an additional 694 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% during the 3rd quarter. Geneos Wealth Management Inc. now owns 940 shares of the company’s stock valued at $31,000 after acquiring an additional 752 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Company Profile

(Get Free Report)

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.

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