RFG Advisory LLC Sells 109,199 Shares of Invesco RAFI US 1000 ETF $PRF

RFG Advisory LLC decreased its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,286,330 shares of the company’s stock after selling 109,199 shares during the period. Invesco RAFI US 1000 ETF accounts for 1.1% of RFG Advisory LLC’s portfolio, making the stock its 12th largest position. RFG Advisory LLC owned 0.71% of Invesco RAFI US 1000 ETF worth $60,355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC bought a new position in shares of Invesco RAFI US 1000 ETF in the 4th quarter valued at about $34,000. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth approximately $35,000. Russell Investments Group Ltd. lifted its holdings in Invesco RAFI US 1000 ETF by 114.1% in the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after buying an additional 445 shares during the period. Investment Research & Advisory Group Inc. lifted its holdings in Invesco RAFI US 1000 ETF by 570.2% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after buying an additional 747 shares during the period. Finally, Camelot Portfolios LLC bought a new position in Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $47,000.

Invesco RAFI US 1000 ETF Stock Performance

PRF opened at $52.09 on Wednesday. The company has a fifty day moving average price of $49.02 and a two-hundred day moving average price of $47.90. Invesco RAFI US 1000 ETF has a 52 week low of $39.24 and a 52 week high of $52.17. The firm has a market capitalization of $9.59 billion, a PE ratio of 17.96 and a beta of 0.88.

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.