Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Holdings Trimmed by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC lowered its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 10.1% in the third quarter, Holdings Channel.com reports. The firm owned 109,754 shares of the company’s stock after selling 12,371 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises approximately 1.5% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 16th largest position. Precedent Wealth Partners LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $4,459,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Trust LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF in the 1st quarter worth approximately $25,000. Strategic Financial Concepts LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 2nd quarter worth approximately $26,000. Ashton Thomas Private Wealth LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF during the second quarter worth approximately $26,000. Financial Synergies Wealth Advisors Inc. grew its holdings in Invesco FTSE RAFI US 1000 ETF by 510.7% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock valued at $35,000 after purchasing an additional 761 shares during the last quarter. Finally, SYM FINANCIAL Corp bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the second quarter valued at approximately $52,000.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.1 %

NYSEARCA:PRF opened at $41.35 on Friday. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $30.29 and a 1 year high of $41.42. The firm’s fifty day simple moving average is $40.00 and its 200 day simple moving average is $38.69. The firm has a market capitalization of $7.62 billion, a PE ratio of 3.61 and a beta of 0.85.

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.