Short Interest in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Expands By 239.8%

Invesco RAFI US 1000 ETF (NYSEARCA:PRFGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 72,278 shares, an increase of 239.8% from the April 30th total of 21,271 shares. Based on an average daily volume of 974,385 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco RAFI US 1000 ETF

Large investors have recently made changes to their positions in the company. MCF Advisors LLC increased its stake in shares of Invesco RAFI US 1000 ETF by 74.6% in the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after purchasing an additional 300 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $34,000. JPL Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the third quarter valued at approximately $35,000. Russell Investments Group Ltd. increased its stake in shares of Invesco RAFI US 1000 ETF by 114.1% in the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares during the period. Finally, Investment Research & Advisory Group Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 570.2% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after purchasing an additional 747 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF traded down $0.05 during trading hours on Friday, hitting $53.64. The stock had a trading volume of 235,763 shares, compared to its average volume of 559,528. The stock’s fifty day simple moving average is $50.36 and its 200 day simple moving average is $48.77. Invesco RAFI US 1000 ETF has a 1-year low of $40.37 and a 1-year high of $53.81. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88.

About Invesco RAFI US 1000 ETF

(Get Free Report)

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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