Invesco RAFI US 1000 ETF $PRF Shares Sold by Novem Group

Novem Group cut its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 4.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,624 shares of the company’s stock after selling 360 shares during the quarter. Novem Group’s holdings in Invesco RAFI US 1000 ETF were worth $365,000 at the end of the most recent quarter.

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 shares of Invesco RAFI US 1000 ETF in the 1st quarter worth approximately $30,000. Opal Wealth Advisors LLC bought a new position in Invesco RAFI US 1000 ETF during the first quarter worth $33,000. Continuum Advisory LLC increased its holdings in Invesco RAFI US 1000 ETF by 50.1% in the 1st quarter. Continuum Advisory LLC now owns 962 shares of the company’s stock valued at $39,000 after buying an additional 321 shares during the period. WPG Advisers LLC bought a new stake in Invesco RAFI US 1000 ETF in the 1st quarter valued at $42,000. Finally, North Capital Inc. bought a new stake in Invesco RAFI US 1000 ETF in the 1st quarter valued at $43,000.

Invesco RAFI US 1000 ETF Price Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $45.20 on Friday. The firm has a market capitalization of $8.26 billion, a PE ratio of 17.96 and a beta of 1.00. The company’s fifty day moving average price is $43.88 and its two-hundred day moving average price is $41.59. Invesco RAFI US 1000 ETF has a 52-week low of $34.98 and a 52-week high of $45.40.

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.