Avantax Advisory Services Inc. trimmed its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,191 shares of the company’s stock after selling 11,962 shares during the period. Avantax Advisory Services Inc. owned about 0.11% of Invesco FTSE RAFI US 1000 ETF worth $8,479,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at about $27,000. Smartleaf Asset Management LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $34,000. Noble Wealth Management PBC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $43,000. Decker Retirement Planning Inc. purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $90,000. Finally, Kieckhefer Group LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $111,000.
Invesco FTSE RAFI US 1000 ETF Stock Down 0.7 %
NYSEARCA PRF opened at $39.40 on Friday. The company has a 50-day simple moving average of $41.47 and a two-hundred day simple moving average of $41.12. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $36.36 and a 12-month high of $43.01. The firm has a market cap of $7.26 billion, a price-to-earnings ratio of 17.95 and a beta of 0.99.
Invesco FTSE 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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