Klingman & Associates LLC Decreases Stock Position in Invesco RAFI US 1000 ETF $PRF

Klingman & Associates LLC cut its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 0.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 686,277 shares of the company’s stock after selling 5,148 shares during the quarter. Invesco RAFI US 1000 ETF comprises 1.6% of Klingman & Associates LLC’s holdings, making the stock its 17th largest position. Klingman & Associates LLC’s holdings in Invesco RAFI US 1000 ETF were worth $29,009,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. UMB Bank n.a. boosted its stake in shares of Invesco RAFI US 1000 ETF by 34.5% in the second quarter. UMB Bank n.a. now owns 1,002 shares of the company’s stock valued at $42,000 after purchasing an additional 257 shares during the period. Rollins Financial Advisors LLC boosted its stake in shares of Invesco RAFI US 1000 ETF by 0.3% in the first quarter. Rollins Financial Advisors LLC now owns 86,473 shares of the company’s stock valued at $3,494,000 after purchasing an additional 258 shares during the period. Sovran Advisors LLC boosted its stake in shares of Invesco RAFI US 1000 ETF by 2.1% in the first quarter. Sovran Advisors LLC now owns 13,530 shares of the company’s stock valued at $511,000 after purchasing an additional 278 shares during the period. Summit Financial Strategies Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 3.2% in the first quarter. Summit Financial Strategies Inc. now owns 9,536 shares of the company’s stock valued at $385,000 after purchasing an additional 297 shares during the period. Finally, Sovereign Financial Group Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.4% in the second quarter. Sovereign Financial Group Inc. now owns 21,275 shares of the company’s stock valued at $899,000 after purchasing an additional 303 shares during the period.

Invesco RAFI US 1000 ETF Trading Up 1.1%

Shares of PRF stock opened at $45.50 on Tuesday. The company has a market capitalization of $8.28 billion, a PE ratio of 17.96 and a beta of 1.00. The firm has a fifty day simple moving average of $44.63 and a 200-day simple moving average of $42.16. Invesco RAFI US 1000 ETF has a twelve month low of $34.98 and a twelve month high of $45.79.

Invesco RAFI US 1000 ETF Company 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.