CRA Financial Services LLC Lowers Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

CRA Financial Services LLC cut its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,468 shares of the company’s stock after selling 375 shares during the period. CRA Financial Services LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $507,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PRF. Fortis Group Advisors LLC increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock worth $25,000 after buying an additional 360 shares during the last quarter. Clearstead Trust LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF in the first quarter valued at $25,000. Strategic Financial Concepts LLC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the second quarter valued at about $26,000. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the second quarter worth about $26,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 510.7% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock valued at $35,000 after purchasing an additional 761 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

PRF traded up $0.41 during trading hours on Friday, reaching $40.90. 209,152 shares of the stock traded hands, compared to its average volume of 388,850. The firm’s fifty day simple moving average is $39.65 and its two-hundred day simple moving average is $38.59. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $30.29 and a fifty-two week high of $40.96. The company has a market cap of $7.54 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85.

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.