Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Unusually-High Trading Volume – Here’s Why

Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw unusually-high trading volume on Friday . Approximately 695,627 shares changed hands during trading, an increase of 632% from the previous session’s volume of 95,035 shares.The stock last traded at $43.21 and had previously closed at $43.10.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

The stock has a market capitalization of $2.63 billion, a P/E ratio of 2.78 and a beta of 1.17. The stock’s fifty day moving average is $43.13 and its two-hundred day moving average is $41.72.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.2305 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Invesco FTSE RAFI US 1500 Small-Mid ETF

Hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter worth $27,000. Private Trust Co. NA grew its stake in Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% in the 3rd quarter. Private Trust Co. NA now owns 995 shares of the company’s stock valued at $41,000 after buying an additional 420 shares during the last quarter. Oak Harbor Wealth Partners LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $57,000. Decker Retirement Planning Inc. acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at $61,000. Finally, Blue Trust Inc. acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at $68,000.

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.