Invesco Exchange-Traded Fund Trust - Invesco Rafi Us 1500 Small-Mid ETF(NASDAQ) PRFZ

The Invesco RAFI US 1500 Small-Mid ETF aims to replicate the performance of the RAFI Fundamental Select US 1500 Index. This fund focuses on small and medium-sized U.S. companies, selecting equities based on key financial indicators.

Products and Services

• Tracks the RAFI Fundamental Select US 1500 Index
• Invests primarily in small and mid-cap U.S. stocks
• Annual rebalancing of portfolio and index composition

Growth Outlook

• Transitioning to a new benchmark in March 2025
• Morningstar awarded a 4-star rating for consistent performance
• Strong historical performance across multiple time frames

Financial Highlights

• Market capitalization of approximately $2.91 billion
• Recent stock price range between $40.27 and $56.25
• Dividend yield of approximately 0.80% TTM

The Invesco RAFI US 1500 Small-Mid ETF is designed for investors seeking exposure to a diversified portfolio of small and mid-sized U.S. companies. The fund's strategy emphasizes fundamental financial metrics, ensuring a focus on companies with strong underlying value. The upcoming transition to a new benchmark is expected to enhance its investment strategy, potentially leading to improved performance. The fund's favorable ratings from Morningstar reflect its consistent returns, making it an attractive option for investors interested in the small to mid-cap segment of the market. With a solid market capitalization and a competitive dividend yield, the ETF presents a compelling opportunity for those looking to diversify their investment portfolios.