Fairman Group LLC Sells 470 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Fairman Group LLC lowered its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 32,140 shares of the company’s stock after selling 470 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises approximately 1.1% of Fairman Group LLC’s investment portfolio, making the stock its 16th biggest position. Fairman Group LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,297,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Stifel Financial Corp increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 11.1% during the third quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock worth $1,577,000 after purchasing an additional 3,880 shares during the period. BNP Paribas Financial Markets acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at $27,000. Brookstone Capital Management increased its position in Invesco FTSE RAFI US 1000 ETF by 14.5% during the 4th quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock worth $252,000 after buying an additional 793 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock worth $1,281,000 after buying an additional 1,954 shares in the last quarter. Finally, FMR LLC grew its stake in shares of Invesco FTSE RAFI US 1000 ETF by 6.1% in the third quarter. FMR LLC now owns 128,370 shares of the company’s stock valued at $5,216,000 after acquiring an additional 7,384 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF opened at $42.10 on Wednesday. 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 52 week low of $35.48 and a 52 week high of $43.01. The firm’s 50-day simple moving average is $41.36 and its 200 day simple moving average is $40.74.

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.