Invesco RAFI US 1000 ETF $PRF Stock Position Decreased by Klingman & Associates LLC

Klingman & Associates LLC trimmed its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 9.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 618,139 shares of the company’s stock after selling 63,426 shares during the quarter. Invesco RAFI US 1000 ETF makes up 1.4% of Klingman & Associates LLC’s holdings, making the stock its 21st largest holding. Klingman & Associates LLC owned about 0.34% of Invesco RAFI US 1000 ETF worth $29,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of PRF. Northwestern Mutual Wealth Management Co. lifted its holdings 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 valued at $1,537,911,000 after purchasing an additional 31,596,591 shares during the last quarter. Bank of America Corp DE increased its stake in Invesco RAFI US 1000 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after purchasing an additional 184,757 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Invesco RAFI US 1000 ETF by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after buying an additional 332,315 shares during the period. PNC Financial Services Group Inc. raised its holdings in Invesco RAFI US 1000 ETF by 1.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock worth $243,627,000 after buying an additional 97,185 shares during the period. Finally, Mariner LLC lifted its stake in Invesco RAFI US 1000 ETF by 1.8% during the fourth quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock valued at $147,117,000 after buying an additional 54,954 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF opened at $54.13 on Friday. Invesco RAFI US 1000 ETF has a one year low of $41.83 and a one year high of $54.89. The company has a 50-day moving average of $53.76 and a two-hundred day moving average of $50.84. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87.

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.