Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Large Volume Increase – Here’s What Happened

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZGet Free Report) shares saw unusually-high trading volume on Thursday . 88,340 shares were traded during mid-day trading, a decline of 27% from the previous session’s volume of 120,600 shares.The stock last traded at $55.72 and had previously closed at $55.59.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 0.4%

The stock has a market capitalization of $2.87 billion, a P/E ratio of 18.02 and a beta of 1.06. The company has a fifty day simple moving average of $54.82 and a two-hundred day simple moving average of $51.12.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

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

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Allied Private Wealth LLC acquired a new position in Invesco RAFI US 1500 Small-Mid ETF in the second quarter valued at approximately $28,000. Clearstead Trust LLC acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF during the 4th quarter worth $45,000. Howe & Rusling Inc. grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 42.1% during the 4th quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock worth $47,000 after acquiring an additional 305 shares during the period. JNBA Financial Advisors bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter valued at $57,000. Finally, Palisade Asset Management LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $69,000.

Invesco 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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