Allworth Financial LP Trims Holdings in Invesco RAFI US 1000 ETF $PRF

Allworth Financial LP lessened its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 386,443 shares of the company’s stock after selling 14,816 shares during the period. Allworth Financial LP owned about 0.21% of Invesco RAFI US 1000 ETF worth $17,471,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the 3rd quarter worth about $35,000. Russell Investments Group Ltd. raised its stake in Invesco RAFI US 1000 ETF by 114.1% during the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after buying an additional 445 shares in the last quarter. Palisade Asset Management LLC bought a new position in Invesco RAFI US 1000 ETF during the 3rd quarter worth approximately $52,000. Financial Consulate Inc. bought a new position in Invesco RAFI US 1000 ETF during the 3rd quarter worth approximately $57,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter worth approximately $57,000.

Invesco RAFI US 1000 ETF Trading Down 0.1%

Shares of NYSEARCA PRF opened at $47.60 on Friday. Invesco RAFI US 1000 ETF has a twelve month low of $34.98 and a twelve month high of $50.31. The company has a market capitalization of $8.68 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92. The business has a 50 day simple moving average of $48.93 and a 200-day simple moving average of $46.94.

Invesco RAFI US 1000 ETF Company Profile

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.