Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Up 79.3% in April

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 21,271 shares, an increase of 79.3% from the April 15th total of 11,864 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 447,945 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Invesco RAFI US 1000 ETF

A number of hedge funds have recently added to or reduced their stakes in PRF. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco RAFI US 1000 ETF by 1,740.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock worth $1,537,911,000 after purchasing an additional 31,596,591 shares in the last quarter. Berman McAleer LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter valued at approximately $70,352,000. Focus Partners Wealth increased its holdings in shares of Invesco RAFI US 1000 ETF by 367.4% during the fourth quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock valued at $80,419,000 after acquiring an additional 1,347,696 shares in the last quarter. Boulder Wealth Advisors LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter valued at approximately $20,802,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter valued at approximately $19,644,000.

Invesco RAFI US 1000 ETF Stock Performance

Shares of PRF stock opened at $52.23 on Monday. The company has a market cap of $9.61 billion, a P/E ratio of 17.96 and a beta of 0.88. The stock has a 50 day simple moving average of $49.49 and a two-hundred day simple moving average of $48.30. Invesco RAFI US 1000 ETF has a fifty-two week low of $39.89 and a fifty-two week high of $52.97.

Invesco 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.