Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Down 48.8% in August

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,200 shares, a decline of 48.8% from the August 15th total of 16,024 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 74,310 shares, the short-interest ratio is presently 0.1 days.

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

Hedge funds have recently added to or reduced their stakes in the stock. Allied Private Wealth LLC acquired a new position in shares of Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth about $28,000. Clearstead Trust LLC bought a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 4th quarter valued at about $45,000. JNBA Financial Advisors acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at approximately $57,000. Tidemark LLC raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 39.5% in the 4th quarter. Tidemark LLC now owns 2,064 shares of the company’s stock valued at $95,000 after acquiring an additional 584 shares during the period. Finally, RMG Wealth Management LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the 1st quarter worth approximately $131,000.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Shares of PRFZ stock traded down $0.31 during trading hours on Tuesday, reaching $53.15. The company had a trading volume of 159,407 shares, compared to its average volume of 118,865. Invesco RAFI US 1500 Small-Mid ETF has a 1-year low of $42.73 and a 1-year high of $56.84. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 18.02 and a beta of 1.06. The company has a 50 day moving average of $54.82 and a 200 day moving average of $51.65.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

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

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.