Capital Market Strategies LLC Sells 703 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Capital Market Strategies LLC lowered its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,650 shares of the company’s stock after selling 703 shares during the quarter. Invesco FTSE RAFI US 1000 ETF accounts for 2.2% of Capital Market Strategies LLC’s investment portfolio, making the stock its 7th largest holding. Capital Market Strategies LLC owned 0.05% of Invesco FTSE RAFI US 1000 ETF worth $3,737,000 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 PRF. RFG Advisory LLC increased its holdings in Invesco FTSE RAFI US 1000 ETF by 7.3% in the third quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock valued at $242,974,000 after buying an additional 405,733 shares in the last quarter. LPL Financial LLC raised its holdings in Invesco FTSE RAFI US 1000 ETF by 2.0% in the 3rd quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock valued at $100,520,000 after acquiring an additional 48,563 shares during the last quarter. Arbor Investment Advisors LLC increased its stake in Invesco FTSE RAFI US 1000 ETF by 1.2% in the third quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock valued at $90,442,000 after purchasing an additional 26,692 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock worth $71,173,000 after acquiring an additional 23,345 shares during the period. Finally, D.A. Davidson & CO. raised its stake in Invesco FTSE RAFI US 1000 ETF by 1.3% during the third quarter. D.A. Davidson & CO. now owns 1,669,374 shares of the company’s stock worth $67,827,000 after purchasing an additional 21,714 shares during the period.

Invesco FTSE RAFI US 1000 ETF Price Performance

PRF stock traded up $0.23 during trading on Monday, reaching $40.84. 140,282 shares of the stock traded hands, compared to its average volume of 222,612. The business’s 50 day moving average price is $41.50 and its 200-day moving average price is $40.17. The firm has a market capitalization of $7.53 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $34.49 and a 52-week high of $43.01.

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.