Should Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) Be on Your Investing Radar?
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Invesco FTSE RAFI US 1500 Small-Mid ETF Overview: The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is a passively managed fund with over $2.40 billion in assets, focusing on small-cap blend stocks and aiming to match the performance of the FTSE RAFI US 1500 Small-Mid Index, which includes approximately 1,500 U.S. stocks.
Performance and Comparison: PRFZ has shown a return of about 5.18% this year and 16.44% over the past year, with a moderate risk profile; it competes with other ETFs like iShares Russell 2000 and iShares Core S&P Small-Cap ETFs, which have lower expense ratios and larger asset bases.
Analyst Views on IJR
Wall Street analysts forecast IJR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IJR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 130.430
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Current: 130.430
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
