Invesco RAFI US 1500 Small-Mid ETF
PRFZ
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Sep 20, 2006
- CIK
- 0001209466
- Website
- invesco.com
- Similar Companies
- Business
- Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that seeks to track the performance of the FTSE RAFI US 1500 Small-Mid Index, comprising small- and mid-cap U.S. equities selected and weighted based on four fundamental measures of size: book value, cash flow, sales, and dividends. The fund normally invests at least 90% of its total assets in common stocks that comprise the index, which selects the 1,001st to 2,500th ranked securities from a universe of 3,000 U.S. companies and assigns weights equal to their fundamental values; the portfolio is reconstituted annually. It offers investors exposure to a blend of small-cap value (33.36%), small-cap blend (31.58%), and small-cap growth (24.19%) stocks across sectors including industrials (17.52%), financials (17.01%), information technology (15.04%), and health care (13.79%), with an expense ratio of 0.39%. The ETF trades on the Nasdaq, pays quarterly ordinary income distributions (most recent ex-date September 22, 2025, at $0.11499 per share), and targets institutional and retail investors seeking fundamental-weighted small-mid cap strategies. Launched on September 20, 2006, and headquartered in Atlanta, Georgia, as part of Invesco Ltd.'s ETF platform, PRFZ operates primarily in the U.S. equity market with a focus on North American small- and mid-sized companies. In a significant recent development, effective at the close of business on March 21, 2025, the fund transitioned its underlying index from the FTSE RAFI US 1500 Mid Small Index to the RAFI Fundamental Select US 1500 Index and concurrently changed its name to Invesco RAFI US 1500 Small-Mid ETF to reflect the updated methodology. No major acquisitions, partnerships, funding rounds, or new product launches have been reported for the fund in the last 1-2 years, though it maintains steady institutional ownership growth and consistent performance relative to benchmarks like the Russell 2000.