Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Down 76.1% in July

Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 17,693 shares, a decrease of 76.1% from the July 15th total of 73,913 shares. Based on an average daily trading volume, of 81,192 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

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

Several hedge funds have recently added to or reduced their stakes in PRFZ. JFS Wealth Advisors LLC boosted its holdings in Invesco RAFI US 1500 Small-Mid ETF by 3.7% during the second quarter. JFS Wealth Advisors LLC now owns 55,566 shares of the company’s stock worth $3,099,000 after buying an additional 1,958 shares during the last quarter. KWB Wealth increased its stake in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.7% in the 2nd quarter. KWB Wealth now owns 27,177 shares of the company’s stock valued at $1,516,000 after acquiring an additional 185 shares during the last quarter. Allied Private Wealth LLC acquired a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF in the 2nd quarter valued at approximately $28,000. Breakwater Capital Group raised its position in shares of Invesco RAFI US 1500 Small-Mid ETF by 0.9% in the 2nd quarter. Breakwater Capital Group now owns 58,931 shares of the company’s stock valued at $3,287,000 after acquiring an additional 554 shares during the period. Finally, Clark Asset Management LLC bought a new position in Invesco RAFI US 1500 Small-Mid ETF during the 2nd quarter worth approximately $244,000.

Invesco RAFI US 1500 Small-Mid ETF Stock Up 0.7%

PRFZ stock traded up $0.38 during midday trading on Thursday, reaching $56.71. The company’s stock had a trading volume of 83,228 shares, compared to its average volume of 124,059. The business’s 50-day simple moving average is $54.03 and its 200-day simple moving average is $50.58. Invesco RAFI US 1500 Small-Mid ETF has a 52 week low of $42.51 and a 52 week high of $56.77. The stock has a market cap of $2.92 billion, a PE ratio of 18.02 and a beta of 1.06.

Invesco RAFI US 1500 Small-Mid ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given 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.

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.