Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC lowered its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 10.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,754 shares of the company’s stock after selling 12,371 shares during the period. Invesco FTSE RAFI US 1000 ETF makes up approximately 1.5% of Precedent Wealth Partners LLC’s portfolio, making the stock its 16th biggest holding. Precedent Wealth Partners LLC owned approximately 0.06% of Invesco FTSE RAFI US 1000 ETF worth $4,459,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. First Long Island Investors LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 1st quarter valued at $212,000. Brookstone Capital Management purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 1st quarter valued at about $201,000. Palisade Asset Management LLC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 1st quarter valued at about $86,000. Aptus Capital Advisors LLC lifted its position in Invesco FTSE RAFI US 1000 ETF by 70.9% during the 2nd quarter. Aptus Capital Advisors LLC now owns 6,205 shares of the company’s stock worth $235,000 after acquiring an additional 2,574 shares in the last quarter. Finally, Savant Capital LLC boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 58.6% in the 2nd quarter. Savant Capital LLC now owns 36,011 shares of the company’s stock worth $1,367,000 after acquiring an additional 13,306 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Performance

PRF opened at $41.35 on Friday. The company has a market capitalization of $7.62 billion, a P/E ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $30.29 and a 1-year high of $41.42. The company has a 50-day moving average of $40.00 and a 200-day moving average of $38.69.

Invesco FTSE 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.