McIlrath & Eck LLC Trims Stock Holdings in Invesco RAFI US 1000 ETF $PRF

McIlrath & Eck LLC cut its holdings in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 4.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 401,266 shares of the company’s stock after selling 17,043 shares during the quarter. Invesco RAFI US 1000 ETF makes up approximately 1.4% of McIlrath & Eck LLC’s portfolio, making the stock its 22nd biggest holding. McIlrath & Eck LLC’s holdings in Invesco RAFI US 1000 ETF were worth $19,072,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco RAFI US 1000 ETF by 1,740.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock worth $1,537,911,000 after buying an additional 31,596,591 shares in the last quarter. Focus Partners Wealth boosted its stake in Invesco RAFI US 1000 ETF by 367.4% during the 4th quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock valued at $80,419,000 after acquiring an additional 1,347,696 shares during the last quarter. Boulder Wealth Advisors LLC acquired a new position in Invesco RAFI US 1000 ETF during the 3rd quarter worth $20,802,000. Goodman Advisory Group LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the 4th quarter worth about $19,644,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Invesco RAFI US 1000 ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after purchasing an additional 332,315 shares in the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF opened at $54.66 on Friday. The company has a market capitalization of $9.78 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a one year low of $41.83 and a one year high of $55.06. The stock has a 50-day simple moving average of $53.97 and a 200 day simple moving average of $51.07.

Invesco RAFI US 1000 ETF 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.