Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Significant Drop in Short Interest

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

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Northern Trust Corp raised its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 2.9% in the 4th quarter. Northern Trust Corp now owns 9,555 shares of the company’s stock valued at $398,000 after acquiring an additional 270 shares during the last quarter. Continuum Advisory LLC grew its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 62.9% in the fourth quarter. Continuum Advisory LLC now owns 795 shares of the company’s stock valued at $33,000 after purchasing an additional 307 shares in the last quarter. Tucker Asset Management LLC increased its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 60.3% in the fourth quarter. Tucker Asset Management LLC now owns 824 shares of the company’s stock valued at $34,000 after purchasing an additional 310 shares during the last quarter. Spire Wealth Management lifted 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 in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake 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 last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

NASDAQ PRFZ traded down $0.06 during mid-day trading on Thursday, hitting $38.92. The stock had a trading volume of 42,093 shares, compared to its average volume of 189,748. The firm’s 50 day moving average is $41.37 and its 200 day moving average is $41.96. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 16.37 and a beta of 1.17. Invesco FTSE RAFI US 1500 Small-Mid ETF has a twelve month low of $36.12 and a twelve month high of $45.80.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

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