Charles Schwab Trust Co cut its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 9.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 577,465 shares of the company’s stock after selling 59,993 shares during the quarter. Invesco RAFI US 1000 ETF makes up approximately 1.7% of Charles Schwab Trust Co’s holdings, making the stock its 15th biggest position. Charles Schwab Trust Co’s holdings in Invesco RAFI US 1000 ETF were worth $31,200,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco RAFI US 1000 ETF by 1,740.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock worth $1,537,911,000 after purchasing an additional 31,596,591 shares in the last quarter. Bank of America Corp DE lifted its holdings in Invesco RAFI US 1000 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after purchasing an additional 184,757 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Invesco RAFI US 1000 ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after purchasing an additional 332,315 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Invesco RAFI US 1000 ETF by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock worth $243,627,000 after purchasing an additional 97,185 shares during the period. Finally, Mariner LLC boosted its stake in Invesco RAFI US 1000 ETF by 1.8% in the 4th quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock worth $147,117,000 after purchasing an additional 54,954 shares during the period.
Invesco RAFI US 1000 ETF Stock Performance
Shares of NYSEARCA:PRF opened at $56.06 on Tuesday. The firm has a market cap of $10.03 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. The firm has a fifty day moving average price of $54.28 and a 200 day moving average price of $51.43. Invesco RAFI US 1000 ETF has a fifty-two week low of $42.68 and a fifty-two week high of $56.16.
Invesco RAFI US 1000 ETF 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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