Short Interest in Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Declines By 14.1%

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 17,000 shares, a drop of 14.1% from the February 13th total of 19,800 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 181,900 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Invesco FTSE RAFI US 1500 Small-Mid ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northern Trust Corp increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.9% during the fourth quarter. Northern Trust Corp now owns 9,555 shares of the company’s stock worth $398,000 after buying an additional 270 shares during the period. Continuum Advisory LLC increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 62.9% during the fourth quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock worth $33,000 after buying an additional 307 shares during the period. Tucker Asset Management LLC increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% during the fourth quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock worth $34,000 after buying an additional 310 shares during the period. Spire Wealth Management increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.9% during the fourth quarter. Spire Wealth Management now owns 8,644 shares of the company’s stock worth $360,000 after buying an additional 403 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 9,126 shares of the company’s stock worth $380,000 after buying an additional 415 shares during the period.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Up 0.7 %

NASDAQ:PRFZ traded up $0.26 during midday trading on Wednesday, reaching $38.69. The company had a trading volume of 24,492 shares, compared to its average volume of 190,091. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12-month low of $36.12 and a 12-month high of $45.80. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 16.37 and a beta of 1.17. The stock’s fifty day simple moving average is $41.43 and its 200-day simple moving average is $41.98.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.2305 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco FTSE 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.