Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Declines By 44.8%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 9,992 shares, a decrease of 44.8% from the December 15th total of 18,114 shares. Based on an average trading volume of 65,862 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 65,862 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco RAFI US 1500 Small-Mid ETF

Several large investors have recently added to or reduced their stakes in PRFZ. Bank of America Corp DE raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 2,522,075 shares of the company’s stock worth $114,553,000 after acquiring an additional 21,438 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 1.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,034,412 shares of the company’s stock worth $42,070,000 after purchasing an additional 13,062 shares during the last quarter. Arbor Investment Advisors LLC lifted its position in Invesco RAFI US 1500 Small-Mid ETF by 1.6% during the 2nd quarter. Arbor Investment Advisors LLC now owns 898,927 shares of the company’s stock valued at $36,559,000 after purchasing an additional 13,935 shares during the period. Stonebridge Financial Group LLC boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 1.4% in the 3rd quarter. Stonebridge Financial Group LLC now owns 692,096 shares of the company’s stock valued at $31,435,000 after purchasing an additional 9,580 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 18.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock worth $27,536,000 after buying an additional 89,411 shares during the last quarter.

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

NASDAQ PRFZ traded down $0.18 on Friday, reaching $48.95. The stock had a trading volume of 131,336 shares, compared to its average volume of 92,049. Invesco RAFI US 1500 Small-Mid ETF has a 1 year low of $32.53 and a 1 year high of $49.34. The business has a 50 day moving average price of $46.38 and a 200 day moving average price of $44.83. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 18.02 and a beta of 1.11.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.1144 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.9%.

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.