McIlrath & Eck LLC Sells 70,351 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

McIlrath & Eck LLC decreased its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 11.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 530,969 shares of the company’s stock after selling 70,351 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises 2.7% of McIlrath & Eck LLC’s portfolio, making the stock its 13th largest holding. McIlrath & Eck LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $21,419,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in Invesco FTSE RAFI US 1000 ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 11,078,377 shares of the company’s stock valued at $446,902,000 after buying an additional 329,378 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 5.0% during the 4th quarter. Ameriprise Financial Inc. now owns 6,604,163 shares of the company’s stock worth $266,419,000 after acquiring an additional 317,206 shares during the last quarter. RFG Advisory LLC grew its position in shares of Invesco FTSE RAFI US 1000 ETF by 5.4% during the 4th quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock valued at $254,173,000 after acquiring an additional 320,593 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 0.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,678,839 shares of the company’s stock worth $188,744,000 after purchasing an additional 25,893 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3.4% in the 4th quarter. Mariner LLC now owns 3,131,016 shares of the company’s stock worth $126,305,000 after purchasing an additional 104,179 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

NYSEARCA PRF opened at $41.17 on Wednesday. The company has a market capitalization of $7.77 billion, a PE ratio of 16.98 and a beta of 0.93. The business’s fifty day moving average is $39.28 and its 200 day moving average is $40.75. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $34.98 and a fifty-two week high of $43.01.

About Invesco FTSE RAFI US 1000 ETF

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.