Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Up 79.3% in April

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 21,271 shares, an increase of 79.3% from the April 15th total of 11,864 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 447,945 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Invesco RAFI US 1000 ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. MCF Advisors LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after acquiring an additional 300 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter valued at approximately $34,000. JPL Wealth Management LLC bought a new stake in Invesco RAFI US 1000 ETF during the third quarter worth $35,000. Russell Investments Group Ltd. grew its holdings in Invesco RAFI US 1000 ETF by 114.1% during the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after buying an additional 445 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. grew its holdings in Invesco RAFI US 1000 ETF by 570.2% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after buying an additional 747 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA PRF opened at $52.23 on Monday. The company has a market cap of $9.61 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 52 week low of $39.89 and a 52 week high of $52.97. The business has a 50 day moving average price of $49.49 and a 200-day moving average price of $48.30.

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.