Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC lowered its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 5.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 104,005 shares of the company’s stock after selling 5,749 shares during the period. Invesco FTSE RAFI US 1000 ETF accounts for approximately 1.4% of Precedent Wealth Partners LLC’s holdings, making the stock its 19th biggest holding. Precedent Wealth Partners LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $4,196,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of Montreal Can raised its stake in Invesco FTSE RAFI US 1000 ETF by 6.6% during the second quarter. Bank of Montreal Can now owns 12,837 shares of the company’s stock valued at $492,000 after buying an additional 790 shares in the last quarter. Insigneo Advisory Services LLC increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 12.8% in the 2nd quarter. Insigneo Advisory Services LLC now owns 8,811 shares of the company’s stock valued at $329,000 after acquiring an additional 1,001 shares during the last quarter. Toronto Dominion Bank acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 2nd quarter valued at approximately $59,000. SkyView Investment Advisors LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 5.2% during the second quarter. SkyView Investment Advisors LLC now owns 19,415 shares of the company’s stock worth $737,000 after purchasing an additional 955 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock worth $71,173,000 after purchasing an additional 23,345 shares during the period.

Invesco FTSE RAFI US 1000 ETF Price Performance

PRF stock opened at $42.10 on Friday. The firm has a market cap of $7.76 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $35.36 and a 1-year high of $43.01. The firm has a fifty day moving average price of $41.45 and a two-hundred day moving average price of $40.47.

Invesco FTSE 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.