Focus Partners Wealth Sells 7,390 Shares of Invesco RAFI US 1000 ETF $PRF

Focus Partners Wealth reduced its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.4% during the first quarter, HoldingsChannel reports. The firm owned 294,387 shares of the company’s stock after selling 7,390 shares during the quarter. Focus Partners Wealth’s holdings in Invesco RAFI US 1000 ETF were worth $11,896,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. acquired a new position in Invesco RAFI US 1000 ETF during the 1st quarter worth approximately $30,000. Opal Wealth Advisors LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the first quarter worth $33,000. Continuum Advisory LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 50.1% during the first quarter. Continuum Advisory LLC now owns 962 shares of the company’s stock worth $39,000 after buying an additional 321 shares in the last quarter. WPG Advisers LLC bought a new position in shares of Invesco RAFI US 1000 ETF in the 1st quarter valued at $42,000. Finally, North Capital Inc. acquired a new stake in shares of Invesco RAFI US 1000 ETF during the 1st quarter valued at $43,000.

Invesco RAFI US 1000 ETF Stock Down 0.4%

Shares of PRF stock opened at $44.85 on Friday. Invesco RAFI US 1000 ETF has a twelve month low of $34.98 and a twelve month high of $45.08. The stock’s fifty day simple moving average is $43.42 and its 200 day simple moving average is $41.30. The firm has a market capitalization of $8.20 billion, a P/E ratio of 17.96 and a beta of 1.00.

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.