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

Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw an uptick in trading volume on Wednesday . 66,740 shares changed hands during trading, a decline of 36% from the previous session’s volume of 104,471 shares.The stock last traded at $41.30 and had previously closed at $41.31.

Invesco FTSE RAFI US 1500 Small-Mid ETF Stock Up 2.0 %

The stock has a market cap of $2.57 billion, a P/E ratio of 2.78 and a beta of 1.17. The firm’s 50-day moving average is $40.23 and its two-hundred day moving average is $38.87.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC grew its holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF by 36.0% during the fourth quarter. Advisory Services Network LLC now owns 32,138 shares of the company’s stock valued at $1,205,000 after purchasing an additional 8,510 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.4% in the fourth quarter. D.A. Davidson & CO. now owns 13,556 shares of the company’s stock worth $508,000 after acquiring an additional 444 shares during the last quarter. Western Wealth Management LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.3% in the second quarter. Western Wealth Management LLC now owns 13,394 shares of the company’s stock worth $511,000 after acquiring an additional 669 shares during the last quarter. Boston Standard Wealth Management LLC grew its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 17.7% in the first quarter. Boston Standard Wealth Management LLC now owns 40,902 shares of the company’s stock worth $1,607,000 after acquiring an additional 6,142 shares during the last quarter. Finally, Tidemark LLC acquired a new stake in Invesco FTSE RAFI US 1500 Small-Mid ETF during the fourth quarter worth $82,000.

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.