Breakwater Capital Group cut its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 449,211 shares of the company’s stock after selling 61,062 shares during the quarter. Invesco RAFI US 1000 ETF accounts for about 2.9% of Breakwater Capital Group’s investment portfolio, making the stock its 3rd largest holding. Breakwater Capital Group owned 0.25% of Invesco RAFI US 1000 ETF worth $21,077,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. JPL Wealth Management LLC bought a new position in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $35,000. Russell Investments Group Ltd. grew its position in Invesco RAFI US 1000 ETF by 114.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares during the period. Palisade Asset Management LLC bought a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth approximately $52,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter valued at $57,000. Finally, Financial Consulate Inc. purchased a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter valued at $57,000.
Invesco RAFI US 1000 ETF Price Performance
NYSEARCA PRF opened at $47.05 on Monday. The stock has a market capitalization of $8.58 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92. Invesco RAFI US 1000 ETF has a 1-year low of $34.98 and a 1-year high of $50.31. The business’s fifty day moving average price is $48.90 and its 200-day moving average price is $47.00.
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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