Avidian Wealth Enterprises LLC Trims Holdings in Invesco RAFI US 1000 ETF $PRF

Avidian Wealth Enterprises LLC lowered its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 43.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 124,314 shares of the company’s stock after selling 94,753 shares during the quarter. Avidian Wealth Enterprises LLC owned 0.07% of Invesco RAFI US 1000 ETF worth $6,766,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of PRF. Keybank National Association OH lifted its stake in Invesco RAFI US 1000 ETF by 33.2% in the first quarter. Keybank National Association OH now owns 102,856 shares of the company’s stock valued at $4,889,000 after buying an additional 25,612 shares in the last quarter. Williams & Novak LLC raised its holdings in shares of Invesco RAFI US 1000 ETF by 384.6% during the second quarter. Williams & Novak LLC now owns 28,618 shares of the company’s stock worth $1,546,000 after acquiring an additional 22,713 shares during the period. Lido Advisors LLC lifted its position in Invesco RAFI US 1000 ETF by 8.1% in the 1st quarter. Lido Advisors LLC now owns 138,122 shares of the company’s stock valued at $6,565,000 after acquiring an additional 10,296 shares in the last quarter. Royal Bank of Canada boosted its stake in Invesco RAFI US 1000 ETF by 2.9% in the 1st quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock worth $58,607,000 after purchasing an additional 34,227 shares during the period. Finally, Rockefeller Capital Management L.P. increased its holdings in Invesco RAFI US 1000 ETF by 18.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 128,334 shares of the company’s stock worth $6,021,000 after purchasing an additional 20,355 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF traded up $0.11 during midday trading on Thursday, hitting $55.20. The stock had a trading volume of 179,452 shares, compared to its average volume of 441,676. The firm has a market cap of $9.93 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. The company has a 50 day simple moving average of $55.68 and a two-hundred day simple moving average of $53.41. Invesco RAFI US 1000 ETF has a twelve month low of $44.11 and a twelve month high of $56.65.

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.