Fifth Third Bancorp cut its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 12.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,335 shares of the company’s stock after selling 1,085 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco RAFI US 1000 ETF were worth $296,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Invesco RAFI US 1000 ETF by 16.9% in the 4th quarter. JPMorgan Chase & Co. now owns 565,016 shares of the company’s stock valued at $22,793,000 after acquiring an additional 81,863 shares during the period. Northern Trust Corp grew its stake in Invesco RAFI US 1000 ETF by 3.1% during the 4th quarter. Northern Trust Corp now owns 82,745 shares of the company’s stock worth $3,338,000 after buying an additional 2,475 shares during the last quarter. Millennium Management LLC purchased a new position in Invesco RAFI US 1000 ETF during the 4th quarter worth $350,000. Oppenheimer & Co. Inc. purchased a new position in Invesco RAFI US 1000 ETF during the 4th quarter worth $205,000. Finally, Smartleaf Asset Management LLC purchased a new position in Invesco RAFI US 1000 ETF during the 4th quarter worth $34,000.
Invesco RAFI US 1000 ETF Price Performance
Shares of PRF stock opened at $41.24 on Thursday. Invesco RAFI US 1000 ETF has a 1-year low of $34.98 and a 1-year high of $43.01. The stock’s fifty day moving average price is $39.92 and its 200 day moving average price is $40.61. The company has a market cap of $7.78 billion, a price-to-earnings ratio of 17.94 and a beta of 0.93.
About Invesco 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.
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