Kovitz Investment Group Partners LLC Sells 48,753 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Kovitz Investment Group Partners LLC reduced its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,332,951 shares of the company’s stock after selling 48,753 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $53,771,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PRF. Integrated Wealth Concepts LLC grew its position in Invesco FTSE RAFI US 1000 ETF by 42.0% during the fourth quarter. Integrated Wealth Concepts LLC now owns 28,500 shares of the company’s stock valued at $1,150,000 after buying an additional 8,426 shares during the period. Stifel Financial Corp boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 5.6% during the 4th quarter. Stifel Financial Corp now owns 40,986 shares of the company’s stock worth $1,653,000 after acquiring an additional 2,163 shares during the last quarter. MML Investors Services LLC grew its position in shares of Invesco FTSE RAFI US 1000 ETF by 2.8% during the 4th quarter. MML Investors Services LLC now owns 214,798 shares of the company’s stock valued at $8,665,000 after acquiring an additional 5,763 shares during the period. Goodman Advisory Group LLC increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 2.8% in the 4th quarter. Goodman Advisory Group LLC now owns 407,488 shares of the company’s stock worth $16,438,000 after purchasing an additional 11,033 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Invesco FTSE RAFI US 1000 ETF by 0.9% in the 4th quarter. NewEdge Advisors LLC now owns 27,153 shares of the company’s stock worth $1,095,000 after purchasing an additional 242 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF opened at $38.87 on Friday. The stock has a 50-day simple moving average of $39.73 and a two-hundred day simple moving average of $40.85. The firm has a market capitalization of $7.34 billion, a PE ratio of 17.12 and a beta of 0.93. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $34.98 and a 52-week high of $43.01.

Invesco FTSE 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.