Short Interest in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Declines By 75.5%

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 17,675 shares, a drop of 75.5% from the May 14th total of 72,278 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 354,802 shares, the days-to-cover ratio is currently 0.0 days.

Invesco RAFI US 1000 ETF Stock Up 0.9%

Invesco RAFI US 1000 ETF stock traded up $0.47 during trading hours on Friday, hitting $54.05. The stock had a trading volume of 380,192 shares, compared to its average volume of 543,069. The stock has a market cap of $9.95 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a one year low of $40.88 and a one year high of $54.22. The business’s 50 day simple moving average is $51.72 and its 200-day simple moving average is $49.36.

Institutional Investors Weigh In On Invesco RAFI US 1000 ETF

Several institutional investors and hedge funds have recently made changes to their positions in PRF. Bank of Montreal Can grew its stake in Invesco RAFI US 1000 ETF by 1.3% in the fourth quarter. Bank of Montreal Can now owns 17,987 shares of the company’s stock valued at $844,000 after acquiring an additional 231 shares during the period. HB Wealth Management LLC grew its stake in Invesco RAFI US 1000 ETF by 0.7% in the first quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock valued at $1,711,000 after acquiring an additional 241 shares during the period. Ferguson Wellman Capital Management Inc. grew its stake in Invesco RAFI US 1000 ETF by 5.2% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock valued at $237,000 after acquiring an additional 245 shares during the period. Whipplewood Advisors LLC grew its stake in Invesco RAFI US 1000 ETF by 0.8% in the third quarter. Whipplewood Advisors LLC now owns 32,982 shares of the company’s stock valued at $1,491,000 after acquiring an additional 246 shares during the period. Finally, Maridea Wealth Management LLC grew its stake in Invesco RAFI US 1000 ETF by 2.5% in the third quarter. Maridea Wealth Management LLC now owns 10,321 shares of the company’s stock valued at $470,000 after acquiring an additional 247 shares during the period.

Invesco 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.