Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sets New 12-Month High – What’s Next?

Posted by Geri Gentry on Nov 27th, 2024

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $45.37 and last traded at $45.29, with a volume of 8387 shares trading hands. The stock had previously closed at $44.70.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

The stock has a market capitalization of $2.78 billion, a PE ratio of 2.78 and a beta of 1.17. The firm has a 50 day moving average of $42.21 and a 200-day moving average of $40.35.

Invesco FTSE RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.131 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Monday, September 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PRFZ. Farther Finance Advisors LLC acquired a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter valued at $27,000. Private Trust Co. NA boosted its position in Invesco FTSE RAFI US 1500 Small-Mid ETF by 73.0% during the third quarter. Private Trust Co. NA now owns 995 shares of the company’s stock valued at $41,000 after purchasing an additional 420 shares during the last quarter. Oak Harbor Wealth Partners LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 3rd quarter worth about $57,000. CBIZ Investment Advisory Services LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 2nd quarter worth about $68,000. Finally, Blue Trust Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 3rd quarter worth about $68,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Company Profile

(Get Free Report)

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.