Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Rather & Kittrell Inc.

Rather & Kittrell Inc. lowered its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 6.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 38,704 shares of the company’s stock after selling 2,539 shares during the period. Rather & Kittrell Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,362,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Advisory Inc. raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 399.4% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 25,057,824 shares of the company’s stock worth $797,340,000 after purchasing an additional 20,039,924 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 377.4% in the third quarter. Ameriprise Financial Inc. now owns 7,147,370 shares of the company’s stock worth $228,569,000 after acquiring an additional 5,650,198 shares during the last quarter. Invesco Ltd. lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 369.2% in the third quarter. Invesco Ltd. now owns 5,621,791 shares of the company’s stock valued at $178,885,000 after acquiring an additional 4,423,626 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 393.9% in the third quarter. PNC Financial Services Group Inc. now owns 5,554,541 shares of the company’s stock valued at $176,746,000 after acquiring an additional 4,429,941 shares in the last quarter. Finally, RFG Advisory LLC boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 2.7% during the fourth quarter. RFG Advisory LLC now owns 5,225,923 shares of the company’s stock valued at $183,952,000 after acquiring an additional 138,691 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

PRF stock traded up $0.07 during trading on Friday, hitting $37.20. The stock had a trading volume of 523,718 shares, compared to its average volume of 488,545. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 3.52 and a beta of 0.89. The company’s 50 day moving average price is $37.29 and its two-hundred day moving average price is $35.05. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $30.29 and a 1-year high of $38.55.

About Invesco FTSE 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.