NewEdge Advisors LLC trimmed its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 31.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,971 shares of the company’s stock after selling 10,253 shares during the period. NewEdge Advisors LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,044,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of PRF. Revolve Wealth Partners LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter worth about $469,000. AQR Capital Management LLC acquired a new position in shares of Invesco RAFI US 1000 ETF during the 1st quarter worth about $1,316,000. Goldman Sachs Group Inc. acquired a new position in shares of Invesco RAFI US 1000 ETF during the 1st quarter worth about $911,000. Franklin Resources Inc. purchased a new position in Invesco RAFI US 1000 ETF in the 2nd quarter valued at about $101,000. Finally, Qube Research & Technologies Ltd lifted its stake in Invesco RAFI US 1000 ETF by 237,600.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock valued at $502,000 after buying an additional 11,880 shares in the last quarter.
Invesco RAFI US 1000 ETF Trading Up 0.2%
PRF stock opened at $54.76 on Friday. Invesco RAFI US 1000 ETF has a 12-month low of $41.83 and a 12-month high of $55.06. The stock has a market cap of $9.79 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. The business’s 50-day moving average is $54.01 and its 200 day moving average is $51.10.
Invesco RAFI US 1000 ETF Company Profile
The Invesco FTSE RAFI US 1000 ETF (PRF) is an exchange-traded fund that is based on the FTSE RAFI US 1000 index. The fund tracks an index of 1,000 of the largest US companies that are selected and weighted using fundamental metrics. PRF was launched on Dec 19, 2005 and is managed by Invesco.
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