Invesco RAFI US 1000 ETF $PRF Stake Lessened by Klingman & Associates LLC

Klingman & Associates LLC lessened its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 9.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 618,139 shares of the company’s stock after selling 63,426 shares during the quarter. Invesco RAFI US 1000 ETF comprises about 1.4% of Klingman & Associates LLC’s investment portfolio, making the stock its 21st largest position. Klingman & Associates LLC’s holdings in Invesco RAFI US 1000 ETF were worth $29,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC raised its stake in Invesco RAFI US 1000 ETF by 796.9% during the 4th quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock valued at $1,615,000 after acquiring an additional 30,584 shares in the last quarter. Charter Capital Management LLC DE grew its stake in shares of Invesco RAFI US 1000 ETF by 2.0% in the fourth quarter. Charter Capital Management LLC DE now owns 586,153 shares of the company’s stock worth $27,502,000 after purchasing an additional 11,741 shares in the last quarter. Forteris Wealth Management Inc. acquired a new position in shares of Invesco RAFI US 1000 ETF during the fourth quarter valued at $3,428,000. Boulder Wealth Advisors LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 6.1% during the fourth quarter. Boulder Wealth Advisors LLC now owns 488,182 shares of the company’s stock valued at $22,905,000 after purchasing an additional 28,073 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco RAFI US 1000 ETF by 2.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,868,856 shares of the company’s stock valued at $87,687,000 after purchasing an additional 53,271 shares during the period.

Invesco RAFI US 1000 ETF Stock Down 0.8%

Shares of PRF opened at $54.13 on Friday. The firm has a market capitalization of $9.68 billion, a PE ratio of 17.96 and a beta of 0.87. The firm has a 50-day moving average price of $53.76 and a 200 day moving average price of $50.84. Invesco RAFI US 1000 ETF has a 52-week low of $41.83 and a 52-week high of $54.89.

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.