Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Abacus Wealth Partners LLC

Abacus Wealth Partners LLC cut its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 8.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,230 shares of the company’s stock after selling 770 shares during the period. Abacus Wealth Partners LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. RFG Advisory LLC increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 7.3% in the 3rd quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock worth $242,974,000 after acquiring an additional 405,733 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 2.0% in the third quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock valued at $100,520,000 after purchasing an additional 48,563 shares during the period. Arbor Investment Advisors LLC increased its position in Invesco FTSE RAFI US 1000 ETF by 1.2% during the third quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock worth $90,442,000 after purchasing an additional 26,692 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco FTSE RAFI US 1000 ETF by 1.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock worth $71,173,000 after purchasing an additional 23,345 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 1.3% in the 3rd quarter. D.A. Davidson & CO. now owns 1,669,374 shares of the company’s stock valued at $67,827,000 after purchasing an additional 21,714 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Invesco FTSE RAFI US 1000 ETF stock opened at $41.58 on Tuesday. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. The firm has a 50 day simple moving average of $41.44 and a 200-day simple moving average of $40.38. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $34.52 and a 1-year high of $43.01.

About Invesco FTSE 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.