Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Verum Partners LLC

Verum Partners LLC reduced its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 0.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,200 shares of the company’s stock after selling 292 shares during the quarter. Verum Partners LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,584,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of PRF. Smartleaf Asset Management LLC purchased a new position in Invesco RAFI US 1000 ETF in the fourth quarter worth $34,000. Noble Wealth Management PBC acquired a new position in shares of Invesco RAFI US 1000 ETF during the 4th quarter worth $43,000. Integrity Financial Corp WA purchased a new position in shares of Invesco RAFI US 1000 ETF in the 4th quarter valued at about $54,000. IMG Wealth Management Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF in the 4th quarter valued at about $61,000. Finally, Mascagni Wealth Management Inc. acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at about $125,000.

Invesco RAFI US 1000 ETF Trading Up 1.1%

Shares of PRF opened at $41.25 on Friday. The firm’s 50-day moving average is $39.31 and its two-hundred day moving average is $40.67. Invesco RAFI US 1000 ETF has a twelve month low of $34.98 and a twelve month high of $43.01. The firm has a market capitalization of $7.79 billion, a P/E ratio of 17.94 and a beta of 0.93.

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.