GRIMES & Co WEALTH MANAGEMENT LLC Sells 11,422 Shares of Invesco RAFI US 1000 ETF $PRF

GRIMES & Co WEALTH MANAGEMENT LLC cut its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 773,857 shares of the company’s stock after selling 11,422 shares during the period. Invesco RAFI US 1000 ETF makes up about 0.9% of GRIMES & Co WEALTH MANAGEMENT LLC’s portfolio, making the stock its 21st biggest holding. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Invesco RAFI US 1000 ETF were worth $36,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Invesco RAFI US 1000 ETF by 1.6% during the second quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock valued at $488,868,000 after buying an additional 184,757 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Invesco RAFI US 1000 ETF by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after buying an additional 332,315 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco RAFI US 1000 ETF by 0.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,715,950 shares of the company’s stock valued at $123,304,000 after purchasing an additional 25,268 shares during the last quarter. Linscomb Wealth Inc. lifted its stake in shares of Invesco RAFI US 1000 ETF by 2.1% in the 3rd quarter. Linscomb Wealth Inc. now owns 2,124,133 shares of the company’s stock valued at $96,032,000 after purchasing an additional 43,451 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its stake in shares of Invesco RAFI US 1000 ETF by 4.3% in the 4th quarter. D.A. Davidson & CO. now owns 2,055,842 shares of the company’s stock valued at $96,460,000 after purchasing an additional 84,012 shares during the last quarter.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA:PRF opened at $52.09 on Friday. The firm has a market capitalization of $9.59 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 1 year low of $39.57 and a 1 year high of $52.60. The business has a 50 day simple moving average of $49.13 and a 200-day simple moving average of $48.01.

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.