Short Interest in Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Declines By 80.2%

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZGet Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,983 shares, a decrease of 80.2% from the May 31st total of 30,157 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 91,853 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Revolve Wealth Partners LLC purchased a new stake in Invesco RAFI US 1500 Small-Mid ETF in the fourth quarter valued at $518,000. CW Advisors LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF during the second quarter worth about $283,000. Cerity Partners LLC boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 2nd quarter. Cerity Partners LLC now owns 131,896 shares of the company’s stock valued at $5,364,000 after purchasing an additional 1,197 shares in the last quarter. Peapack Gladstone Financial Corp boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 50.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 8,745 shares of the company’s stock valued at $356,000 after purchasing an additional 2,920 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its position in Invesco RAFI US 1500 Small-Mid ETF by 15.8% during the 2nd quarter. Diversify Advisory Services LLC now owns 41,166 shares of the company’s stock worth $1,763,000 after purchasing an additional 5,613 shares during the period.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 1.2%

NASDAQ PRFZ traded up $0.66 on Friday, reaching $54.78. The stock had a trading volume of 172,652 shares, compared to its average volume of 129,637. The stock has a fifty day moving average price of $51.45 and a two-hundred day moving average price of $48.87. Invesco RAFI US 1500 Small-Mid ETF has a 12-month low of $40.27 and a 12-month high of $54.81. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 18.02 and a beta of 1.07.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.0992 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, June 22nd.

Invesco 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.

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