Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Position Cut by McNamara Financial Services Inc.

McNamara Financial Services Inc. lowered its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,339 shares of the company’s stock after selling 3,003 shares during the period. Invesco FTSE RAFI US 1000 ETF makes up 0.4% of McNamara Financial Services Inc.’s holdings, making the stock its 19th largest position. McNamara Financial Services Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,627,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PRF. RFG Advisory LLC increased its holdings in shares of 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 valued at $254,173,000 after purchasing an additional 320,593 shares during the period. LPL Financial LLC grew its position 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 buying an additional 48,563 shares in the last quarter. Arbor Investment Advisors LLC increased its stake in Invesco FTSE RAFI US 1000 ETF by 1.2% during the 3rd quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock valued at $90,442,000 after buying an additional 26,692 shares during the period. D.A. Davidson & CO. raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 1,669,374 shares of the company’s stock worth $67,827,000 after buying an additional 21,714 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3,587.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock worth $54,335,000 after acquiring an additional 1,344,229 shares during the period.

Invesco FTSE RAFI US 1000 ETF Price Performance

Invesco FTSE RAFI US 1000 ETF stock opened at $42.00 on Monday. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $35.36 and a 12-month high of $43.01. The stock has a market capitalization of $7.74 billion, a PE ratio of 3.61 and a beta of 0.85. The firm has a 50 day simple moving average of $41.47 and a 200-day simple moving average of $40.59.

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.