RFG Advisory LLC Decreases Position in Invesco RAFI US 1000 ETF $PRF

RFG Advisory LLC lessened its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,100,004 shares of the company’s stock after selling 34,253 shares during the period. Invesco RAFI US 1000 ETF comprises 0.9% of RFG Advisory LLC’s portfolio, making the stock its 12th largest holding. RFG Advisory LLC’s holdings in Invesco RAFI US 1000 ETF were worth $59,433,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. C M Bidwell & Associates Ltd. purchased a new position in Invesco RAFI US 1000 ETF in the 2nd quarter worth approximately $29,000. Versant Capital Management Inc bought a new position in Invesco RAFI US 1000 ETF in the 2nd quarter valued at approximately $31,000. MCF Advisors LLC boosted its stake in Invesco RAFI US 1000 ETF by 74.6% during the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after purchasing an additional 300 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter valued at $35,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of Invesco RAFI US 1000 ETF by 114.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

PRF stock opened at $55.98 on Wednesday. Invesco RAFI US 1000 ETF has a 1-year low of $44.11 and a 1-year high of $56.65. The business has a fifty day moving average price of $55.31 and a 200-day moving average price of $52.45. The stock has a market capitalization of $10.01 billion, a P/E ratio of 17.96 and a beta of 0.87.

Invesco RAFI US 1000 ETF 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.