Charles Schwab Investment Management Inc. trimmed its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 0.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,520,057 shares of the company’s stock after selling 124,632 shares during the period. Charles Schwab Investment Management Inc. owned 0.13% of Invesco FTSE RAFI US 1000 ETF worth $948,799,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. RFG Advisory LLC grew its stake 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 buying an additional 320,593 shares in the last quarter. LPL Financial LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 2.0% during the third quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock worth $100,520,000 after buying an additional 48,563 shares in the last quarter. Linscomb Wealth Inc. grew its stake in Invesco FTSE RAFI US 1000 ETF by 0.6% during the fourth quarter. Linscomb Wealth Inc. now owns 2,071,849 shares of the company’s stock worth $83,578,000 after buying an additional 11,993 shares in the last quarter. D.A. Davidson & CO. grew its stake in Invesco FTSE RAFI US 1000 ETF by 3.1% during the fourth quarter. D.A. Davidson & CO. now owns 1,721,639 shares of the company’s stock worth $69,451,000 after buying an additional 52,265 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in 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.
Invesco FTSE RAFI US 1000 ETF Trading Down 1.2 %
PRF opened at $41.58 on Tuesday. The company’s 50 day moving average is $41.47 and its 200-day moving average is $41.07. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $36.36 and a 1-year high of $43.01. The company has a market cap of $7.63 billion, a P/E ratio of 18.98 and a beta of 1.00.
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.
Featured Articles
- Five stocks we like better than Invesco FTSE RAFI US 1000 ETF
- How to trade using analyst ratings
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- What to Know About Investing in Penny Stocks
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding PRF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report).
Receive News & Ratings for Invesco FTSE RAFI US 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco FTSE RAFI US 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.