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

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 9,992 shares, a decline of 44.8% from the December 15th total of 18,114 shares. Based on an average daily volume of 65,862 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 65,862 shares, the short-interest ratio is presently 0.2 days.

Invesco RAFI US 1500 Small-Mid ETF Stock Performance

NASDAQ:PRFZ traded down $0.18 during mid-day trading on Friday, hitting $48.95. The company had a trading volume of 131,336 shares, compared to its average volume of 92,049. The firm has a market cap of $2.75 billion, a P/E ratio of 18.02 and a beta of 1.11. Invesco RAFI US 1500 Small-Mid ETF has a fifty-two week low of $32.53 and a fifty-two week high of $49.34. The business’s fifty day moving average is $46.38 and its two-hundred day moving average is $44.83.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

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

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. AlphaCore Capital LLC raised its stake in Invesco RAFI US 1500 Small-Mid ETF by 3,737.0% during the 2nd quarter. AlphaCore Capital LLC now owns 265,330 shares of the company’s stock worth $10,791,000 after buying an additional 258,415 shares during the period. Invesco Ltd. grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 29.1% in the 3rd quarter. Invesco Ltd. now owns 456,331 shares of the company’s stock valued at $20,727,000 after purchasing an additional 102,983 shares during the period. WCG Wealth Advisors LLC grew its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 58.7% in the 2nd quarter. WCG Wealth Advisors LLC now owns 254,551 shares of the company’s stock valued at $10,353,000 after purchasing an additional 94,200 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Invesco RAFI US 1500 Small-Mid ETF by 18.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 579,102 shares of the company’s stock worth $27,536,000 after purchasing an additional 89,411 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 164.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 128,893 shares of the company’s stock worth $5,854,000 after buying an additional 80,199 shares during the period.

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.