Invesco RAFI US 1000 ETF $PRF Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,096,490 shares of the company’s stock after selling 95,895 shares during the period. PNC Financial Services Group Inc. owned approximately 2.77% of Invesco RAFI US 1000 ETF worth $242,236,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in shares of Invesco RAFI US 1000 ETF by 796.9% during the fourth quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock worth $1,615,000 after purchasing an additional 30,584 shares during the period. Charter Capital Management LLC DE increased its stake in Invesco RAFI US 1000 ETF by 2.0% in the 4th quarter. Charter Capital Management LLC DE now owns 586,153 shares of the company’s stock valued at $27,502,000 after buying an additional 11,741 shares during the period. Forteris Wealth Management Inc. acquired a new position in Invesco RAFI US 1000 ETF in the 4th quarter valued at $3,428,000. Boulder Wealth Advisors LLC raised its position in Invesco RAFI US 1000 ETF by 6.1% during the 4th quarter. Boulder Wealth Advisors LLC now owns 488,182 shares of the company’s stock worth $22,905,000 after buying an additional 28,073 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Invesco RAFI US 1000 ETF by 2.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,868,856 shares of the company’s stock worth $87,687,000 after buying an additional 53,271 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

PRF stock opened at $54.61 on Wednesday. Invesco RAFI US 1000 ETF has a one year low of $41.83 and a one year high of $54.87. The stock has a market capitalization of $9.76 billion, a PE ratio of 17.96 and a beta of 0.87. The company has a fifty day moving average of $53.69 and a 200-day moving average of $50.74.

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.