Allegheny Financial Group LTD Decreases Stock Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Allegheny Financial Group LTD reduced its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 9.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,271 shares of the company’s stock after selling 558 shares during the quarter. Allegheny Financial Group LTD’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $203,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortis Group Advisors LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock valued at $25,000 after acquiring an additional 360 shares during the period. Blue Trust Inc. increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 400.0% during the 4th quarter. Blue Trust Inc. now owns 780 shares of the company’s stock worth $25,000 after purchasing an additional 624 shares during the last quarter. Financial Synergies Wealth Advisors Inc. increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 510.7% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock worth $35,000 after purchasing an additional 761 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth about $35,000. Finally, Smithfield Trust Co acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 4th quarter worth approximately $42,000.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF traded up $0.25 during trading hours on Monday, reaching $39.16. The stock had a trading volume of 114,801 shares, compared to its average volume of 442,291. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $30.29 and a 1 year high of $39.24. The firm’s 50 day moving average is $38.03 and its 200-day moving average is $37.08. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85.

About Invesco FTSE RAFI US 1000 ETF

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.