Summit Financial LLC Sells 2,548 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Summit Financial LLC cut its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,041 shares of the company’s stock after selling 2,548 shares during the quarter. Summit Financial LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $2,624,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PRF. Raymond James Financial Inc. bought a new position in shares of Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth approximately $54,765,000. Kovitz Investment Group Partners LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 3,587.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock worth $54,335,000 after buying an additional 1,344,229 shares in the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter valued at about $16,108,000. Stonebridge Financial Group LLC acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at about $13,221,000. Finally, RFG Advisory LLC increased its position in Invesco FTSE RAFI US 1000 ETF by 5.4% during the fourth quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock worth $254,173,000 after acquiring an additional 320,593 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.9 %

NYSEARCA PRF opened at $40.41 on Tuesday. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $36.36 and a 12-month high of $43.01. The firm has a 50-day moving average price of $41.41 and a two-hundred day moving average price of $41.21. The company has a market capitalization of $7.48 billion, a P/E ratio of 18.00 and a beta of 0.99.

Invesco FTSE RAFI US 1000 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.1894 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Invesco FTSE 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.