Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Update

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 9,774 shares, a decline of 44.7% from the May 31st total of 17,675 shares. Based on an average daily trading volume, of 355,717 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco RAFI US 1000 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its position in Invesco RAFI US 1000 ETF by 1,740.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock worth $1,537,911,000 after purchasing an additional 31,596,591 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Invesco RAFI US 1000 ETF by 367.4% in the fourth quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock worth $80,419,000 after buying an additional 1,347,696 shares during the last quarter. Boulder Wealth Advisors LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the third quarter worth $20,802,000. Goodman Advisory Group LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter worth $19,644,000. Finally, Ameriprise Financial Inc. lifted its stake in shares of Invesco RAFI US 1000 ETF by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after buying an additional 332,315 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF traded up $0.02 during midday trading on Wednesday, reaching $54.05. 168,993 shares of the stock traded hands, compared to its average volume of 518,288. Invesco RAFI US 1000 ETF has a 12-month low of $41.83 and a 12-month high of $54.65. The business has a 50-day moving average of $52.84 and a two-hundred day moving average of $49.98. The stock has a market capitalization of $9.95 billion, a PE ratio of 17.96 and a beta of 0.87.

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.