Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) Stock Split History

Invesco FTSE RAFI US 1500 Small-Mid ETF has split its stock once since its initial public offering (IPO). The stock split of Invesco FTSE RAFI US 1500 Small-Mid ETF occurred on July 17, 2023 on a 5-for-1 basis, meaning that for 1 share of PRFZ owned pre-split, shareholders then owned 5 shares.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Invesco FTSE RAFI US 1500 Small-Mid ETF's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Invesco FTSE RAFI US 1500 Small-Mid ETF has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when PRFZ stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Invesco FTSE RAFI US 1500 Small-Mid ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.