Invesco RAFI US 1000 ETF $PRF Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.8% during the first quarter, Holdings Channel reports. The institutional investor owned 5,096,490 shares of the company’s stock after selling 95,895 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $242,236,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. MCF Advisors LLC grew its holdings in Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares during the period. Lodestone Wealth Management LLC acquired a new stake in Invesco RAFI US 1000 ETF in the fourth quarter valued at $34,000. JPL Wealth Management LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth $35,000. Russell Investments Group Ltd. boosted its position in shares of Invesco RAFI US 1000 ETF by 114.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. boosted its position in shares of Invesco RAFI US 1000 ETF by 570.2% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after purchasing an additional 747 shares in the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.8%

NYSEARCA:PRF opened at $54.61 on Wednesday. The firm’s fifty day simple moving average is $53.69 and its 200-day simple moving average is $50.74. The stock has a market cap of $9.76 billion, a PE ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a fifty-two week low of $41.83 and a fifty-two week high of $54.87.

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.