Evergreen Capital Management LLC Has $1.30 Million Holdings in Invesco RAFI US 1000 ETF $PRF

Evergreen Capital Management LLC lessened its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 26.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,653 shares of the company’s stock after selling 10,157 shares during the quarter. Evergreen Capital Management LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,297,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PRF. Lodestone Wealth Management LLC acquired a new position in Invesco RAFI US 1000 ETF in the fourth quarter valued at about $34,000. JPL Wealth Management LLC acquired a new position in Invesco RAFI US 1000 ETF in the third quarter valued at about $35,000. Russell Investments Group Ltd. raised its stake in Invesco RAFI US 1000 ETF by 114.1% in the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares in the last quarter. Investment Research & Advisory Group Inc. raised its stake in Invesco RAFI US 1000 ETF by 570.2% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after purchasing an additional 747 shares in the last quarter. Finally, Palisade Asset Management LLC acquired a new position in Invesco RAFI US 1000 ETF in the third quarter valued at about $52,000.

Invesco RAFI US 1000 ETF Trading Up 0.1%

PRF stock opened at $50.72 on Friday. The stock has a market capitalization of $9.34 billion, a P/E ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 12 month low of $38.20 and a 12 month high of $50.97. The firm has a 50-day moving average price of $48.82 and a 200-day moving average price of $47.61.

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.