Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Stock Short Interest Report for October

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 41,534 shares, a drop of 60.8% from the September 30th total of 106,041 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 435,700 shares, the short-interest ratio is currently 0.1 days.

Invesco RAFI US 1000 ETF Stock Performance

Invesco RAFI US 1000 ETF stock traded down $0.44 during mid-day trading on Friday, reaching $56.13. The company’s stock had a trading volume of 203,531 shares, compared to its average volume of 432,637. The firm’s fifty day moving average price is $55.73 and its two-hundred day moving average price is $52.61. Invesco RAFI US 1000 ETF has a 12-month low of $44.47 and a 12-month high of $56.65. The company has a market capitalization of $10.09 billion, a P/E ratio of 17.96 and a beta of 0.88.

Institutional Trading of Invesco RAFI US 1000 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Keybank National Association OH boosted its stake in shares of Invesco RAFI US 1000 ETF by 33.2% during the first quarter. Keybank National Association OH now owns 102,856 shares of the company’s stock valued at $4,889,000 after purchasing an additional 25,612 shares during the period. SC&H Financial Advisors Inc. bought a new position in shares of Invesco RAFI US 1000 ETF in the third quarter worth approximately $671,000. Williams & Novak LLC grew its holdings in shares of Invesco RAFI US 1000 ETF by 384.6% in the second quarter. Williams & Novak LLC now owns 28,618 shares of the company’s stock worth $1,546,000 after purchasing an additional 22,713 shares during the last quarter. Garrett Wealth Advisory Group LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the third quarter worth $43,726,000. Finally, Summit Place Financial Advisors LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the third quarter worth $1,089,000.

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.