Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Large Volume Increase

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw unusually-high trading volume on Tuesday . Approximately 369,593 shares were traded during mid-day trading, an increase of 177% from the previous session’s volume of 133,565 shares.The stock last traded at $37.54 and had previously closed at $36.84.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Performance

The company has a 50 day moving average of $37.88 and a two-hundred day moving average of $35.77. The stock has a market cap of $2.27 billion, a PE ratio of 2.66 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.0861 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Monday, March 18th.

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

Several large investors have recently bought and sold shares of PRFZ. Addison Advisors LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% during the 3rd quarter. Addison Advisors LLC now owns 3,150 shares of the company’s stock valued at $104,000 after acquiring an additional 2,520 shares during the period. Albion Financial Group UT lifted its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 400.0% during the 3rd quarter. Albion Financial Group UT now owns 112,200 shares of the company’s stock valued at $3,701,000 after acquiring an additional 89,760 shares in the last quarter. Johnson & White Wealth Management LLC lifted its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 7.8% in the 4th quarter. Johnson & White Wealth Management LLC now owns 154,100 shares of the company’s stock worth $5,777,000 after buying an additional 11,094 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 444.7% during the third quarter. Private Advisor Group LLC now owns 45,887 shares of the company’s stock worth $1,514,000 after purchasing an additional 37,462 shares during the last quarter. Finally, Advisor Resource Council acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth about $265,000.

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.