McIlrath & Eck LLC Decreases Holdings in Invesco RAFI US 1000 ETF $PRF

McIlrath & Eck LLC reduced its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 4.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 401,266 shares of the company’s stock after selling 17,043 shares during the period. Invesco RAFI US 1000 ETF comprises 1.4% of McIlrath & Eck LLC’s investment portfolio, making the stock its 22nd biggest position. McIlrath & Eck LLC owned approximately 0.22% of Invesco RAFI US 1000 ETF worth $19,072,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the 4th quarter worth about $469,000. AQR Capital Management LLC purchased a new position in Invesco RAFI US 1000 ETF in the first quarter valued at about $1,316,000. Goldman Sachs Group Inc. purchased a new position in Invesco RAFI US 1000 ETF in the first quarter valued at about $911,000. Franklin Resources Inc. acquired a new position in shares of Invesco RAFI US 1000 ETF during the second quarter worth about $101,000. Finally, Qube Research & Technologies Ltd boosted its position in shares of Invesco RAFI US 1000 ETF by 237,600.0% in the second quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock worth $502,000 after buying an additional 11,880 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF opened at $54.66 on Friday. The business’s 50-day simple moving average is $53.97 and its 200 day simple moving average is $51.07. The company has a market cap of $9.78 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a one year low of $41.83 and a one year high of $55.06.

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.