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

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 6,692 shares, a drop of 42.0% from the April 15th total of 11,546 shares. Based on an average daily volume of 64,009 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco RAFI US 1500 Small-Mid ETF Stock Down 1.6%

Shares of Invesco RAFI US 1500 Small-Mid ETF stock traded down $0.82 on Friday, reaching $49.71. The company’s stock had a trading volume of 41,535 shares, compared to its average volume of 141,105. The company has a market capitalization of $2.83 billion, a P/E ratio of 18.02 and a beta of 1.07. The stock has a 50-day moving average price of $48.15 and a 200-day moving average price of $47.42. Invesco RAFI US 1500 Small-Mid ETF has a 52-week low of $37.88 and a 52-week high of $51.87.

Invesco RAFI US 1500 Small-Mid ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.1017 dividend. This represents a $0.41 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, March 23rd.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC acquired a new stake in Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter worth about $518,000. CW Advisors LLC purchased a new position in shares of Invesco RAFI US 1500 Small-Mid ETF in the second quarter valued at approximately $283,000. Cerity Partners LLC lifted its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the second quarter. Cerity Partners LLC now owns 131,896 shares of the company’s stock valued at $5,364,000 after acquiring an additional 1,197 shares in the last quarter. Peapack Gladstone Financial Corp boosted its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 50.1% in the second quarter. Peapack Gladstone Financial Corp now owns 8,745 shares of the company’s stock worth $356,000 after acquiring an additional 2,920 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its stake in Invesco RAFI US 1500 Small-Mid ETF by 15.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 41,166 shares of the company’s stock valued at $1,763,000 after purchasing an additional 5,613 shares during the last quarter.

About Invesco RAFI US 1500 Small-Mid ETF

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.