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

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 13,200 shares, a growth of 25.7% from the August 31st total of 10,500 shares. Based on an average trading volume of 85,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PRFZ. Cetera Investment Advisers bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF in the 1st quarter worth approximately $16,003,000. First Foundation Advisors raised its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 53.1% in the first quarter. First Foundation Advisors now owns 844,240 shares of the company’s stock valued at $33,162,000 after buying an additional 292,829 shares during the period. WCG Wealth Advisors LLC bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 2nd quarter worth $7,670,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,172,108 shares of the company’s stock worth $46,040,000 after acquiring an additional 118,251 shares during the period. Finally, Waverly Advisors LLC increased its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.8% in the 4th quarter. Waverly Advisors LLC now owns 1,631,552 shares of the company’s stock worth $61,167,000 after acquiring an additional 44,148 shares during the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

Shares of NASDAQ:PRFZ opened at $41.45 on Monday. The company has a market capitalization of $2.54 billion, a PE ratio of 2.78 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $30.29 and a 1 year high of $42.64. The business has a fifty day moving average price of $40.36 and a two-hundred day moving average price of $39.02.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.131 dividend. This represents a $0.52 annualized dividend and a yield of 1.26%. The ex-dividend date was Monday, September 23rd.

Invesco FTSE 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.