Invesco RAFI US 1000 ETF $PRF Stock Holdings Trimmed by Waverly Advisors LLC

Waverly Advisors LLC cut its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,577,537 shares of the company’s stock after selling 82,038 shares during the period. Invesco RAFI US 1000 ETF accounts for approximately 1.1% of Waverly Advisors LLC’s holdings, making the stock its 9th biggest holding. Waverly Advisors LLC’s holdings in Invesco RAFI US 1000 ETF were worth $193,294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. C M Bidwell & Associates Ltd. purchased a new position in shares of Invesco RAFI US 1000 ETF in the 2nd quarter worth $29,000. Versant Capital Management Inc acquired a new stake in Invesco RAFI US 1000 ETF during the second quarter worth about $31,000. MCF Advisors LLC increased its stake in Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter worth about $35,000. Finally, Russell Investments Group Ltd. raised 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 during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF traded down $0.35 during trading on Tuesday, reaching $55.98. 237,932 shares of the stock were exchanged, compared to its average volume of 452,263. Invesco RAFI US 1000 ETF has a 12-month low of $44.11 and a 12-month high of $56.65. The firm has a market cap of $10.01 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. The firm’s 50-day moving average price is $55.28 and its 200 day moving average price is $52.40.

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.