Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Decreases By 76.1%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 17,693 shares, a drop of 76.1% from the July 15th total of 73,913 shares. Based on an average trading volume of 81,192 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Invesco RAFI US 1500 Small-Mid ETF Trading Up 0.2%

Shares of NASDAQ:PRFZ traded up $0.12 during midday trading on Friday, hitting $56.84. The stock had a trading volume of 60,317 shares, compared to its average volume of 123,647. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $42.51 and a 1 year high of $56.84. The stock has a 50 day moving average price of $54.24 and a two-hundred day moving average price of $50.67. The company has a market capitalization of $2.93 billion, a PE ratio of 18.02 and a beta of 1.06.

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 given a $0.0992 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%.

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

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF by 14.9% in the 1st quarter. Bank of America Corp DE now owns 2,858,934 shares of the company’s stock valued at $131,139,000 after buying an additional 370,099 shares during the period. LPL Financial LLC grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 9.4% during the fourth quarter. LPL Financial LLC now owns 1,332,004 shares of the company’s stock worth $61,126,000 after acquiring an additional 114,759 shares during the period. Raymond James Financial Inc. grew its holdings in Invesco RAFI US 1500 Small-Mid ETF by 1.3% during the second quarter. Raymond James Financial Inc. now owns 1,034,412 shares of the company’s stock worth $42,070,000 after acquiring an additional 13,062 shares during the period. Cetera Investment Advisers raised its position in Invesco RAFI US 1500 Small-Mid ETF by 3.6% in the first quarter. Cetera Investment Advisers now owns 1,031,218 shares of the company’s stock worth $47,302,000 after acquiring an additional 35,362 shares in the last quarter. Finally, Arbor Investment Advisors LLC raised its position in Invesco RAFI US 1500 Small-Mid ETF by 2.5% in the first quarter. Arbor Investment Advisors LLC now owns 803,591 shares of the company’s stock worth $36,861,000 after acquiring an additional 19,510 shares in the last quarter.

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.