Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Update

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 8,200 shares, a decrease of 48.8% from the August 15th total of 16,024 shares. Based on an average daily trading volume, of 74,310 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Invesco RAFI US 1500 Small-Mid ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. KWB Wealth lifted its position in Invesco RAFI US 1500 Small-Mid ETF by 0.7% during the second quarter. KWB Wealth now owns 27,177 shares of the company’s stock worth $1,516,000 after acquiring an additional 185 shares during the last quarter. Allworth Financial LP grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 7.4% in the second quarter. Allworth Financial LP now owns 2,758 shares of the company’s stock valued at $154,000 after purchasing an additional 190 shares during the last quarter. RiverFront Investment Group LLC increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.8% during the fourth 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 period. Resonant Capital Advisors LLC increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.6% during the first quarter. Resonant Capital Advisors LLC now owns 30,390 shares of the company’s stock worth $1,394,000 after purchasing an additional 474 shares during the period. Finally, Fidelis Capital Partners LLC lifted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 2.7% during the 4th quarter. Fidelis Capital Partners LLC now owns 18,455 shares of the company’s stock worth $847,000 after purchasing an additional 480 shares during the last quarter.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

PRFZ traded down $0.22 during mid-day trading on Wednesday, reaching $52.93. The stock had a trading volume of 77,949 shares, compared to its average volume of 118,634. The firm’s fifty day simple moving average is $54.77 and its two-hundred day simple moving average is $51.71. The stock has a market capitalization of $2.71 billion, a P/E ratio of 18.02 and a beta of 1.06. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $42.73 and a 52 week high of $56.84.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

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

About Invesco RAFI US 1500 Small-Mid ETF

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.