Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Novare Capital Management LLC

Novare Capital Management LLC reduced its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,376 shares of the company’s stock after selling 684 shares during the period. Novare Capital Management LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,588,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of PRF. Insight Inv LLC purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 4th quarter worth about $210,000. LexAurum Advisors LLC purchased a new position in Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $203,000. RFG Advisory LLC raised its holdings in Invesco FTSE RAFI US 1000 ETF by 5.4% in the fourth quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock valued at $254,173,000 after buying an additional 320,593 shares during the period. Cornerstone Wealth Management LLC lifted its position in Invesco FTSE RAFI US 1000 ETF by 9.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 234,660 shares of the company’s stock valued at $9,466,000 after buying an additional 20,494 shares in the last quarter. Finally, Cedar Point Capital Partners LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 51.0% during the fourth quarter. Cedar Point Capital Partners LLC now owns 7,781 shares of the company’s stock worth $314,000 after buying an additional 2,629 shares during the period.

Invesco FTSE RAFI US 1000 ETF Trading Down 0.0 %

Shares of PRF stock opened at $42.10 on Friday. The company has a market cap of $7.76 billion, a PE ratio of 3.61 and a beta of 0.85. The company’s fifty day simple moving average is $41.45 and its 200-day simple moving average is $40.47. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $35.36 and a 52 week high of $43.01.

Invesco FTSE 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.