Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Sees Unusually-High Trading Volume

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) shares saw unusually-high trading volume on Tuesday . Approximately 369,593 shares traded hands 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 firm’s 50 day moving average is $37.91 and its 200-day moving average is $35.81. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 2.66 and a beta of 1.17.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0861 dividend. This represents a $0.34 annualized dividend and a dividend yield of 0.93%. The ex-dividend date was Monday, March 18th.

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

A number of large investors have recently added to or reduced their stakes in the stock. Arbor Investment Advisors LLC grew its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.9% during the first quarter. Arbor Investment Advisors LLC now owns 827,095 shares of the company’s stock worth $32,488,000 after buying an additional 15,213 shares in the last quarter. Oakworth Capital Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter worth $151,000. Cornerstone Wealth Management LLC grew its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.5% during the first quarter. Cornerstone Wealth Management LLC now owns 124,601 shares of the company’s stock worth $4,894,000 after buying an additional 4,228 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,172,108 shares of the company’s stock worth $46,040,000 after buying an additional 118,251 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.6% during the first quarter. Dynamic Advisor Solutions LLC now owns 251,197 shares of the company’s stock worth $9,867,000 after buying an additional 11,018 shares in the last quarter.

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.