RFG Advisory LLC Sells 34,253 Shares of Invesco RAFI US 1000 ETF $PRF

RFG Advisory LLC cut its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,100,004 shares of the company’s stock after selling 34,253 shares during the quarter. Invesco RAFI US 1000 ETF makes up about 0.9% of RFG Advisory LLC’s holdings, making the stock its 12th biggest holding. RFG Advisory LLC owned 0.61% of Invesco RAFI US 1000 ETF worth $59,433,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of PRF. Revolve Wealth Partners LLC purchased a new stake in Invesco RAFI US 1000 ETF in the fourth quarter worth about $469,000. AQR Capital Management LLC purchased a new position in shares of Invesco RAFI US 1000 ETF during the first quarter valued at approximately $1,316,000. Goldman Sachs Group Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF during the first quarter valued at approximately $911,000. Franklin Resources Inc. purchased a new stake in shares of Invesco RAFI US 1000 ETF in the 2nd quarter worth approximately $101,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of Invesco RAFI US 1000 ETF by 237,600.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock worth $502,000 after buying an additional 11,880 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Down 0.6%

PRF stock opened at $55.98 on Wednesday. The business has a 50 day moving average of $55.31 and a 200 day moving average of $52.45. The firm has a market cap of $10.01 billion, a PE ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a twelve month low of $44.11 and a twelve month high of $56.65.

Invesco 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.