Fairman Group LLC Sells 470 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Fairman Group LLC cut its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,140 shares of the company’s stock after selling 470 shares during the period. Invesco FTSE RAFI US 1000 ETF makes up approximately 1.1% of Fairman Group LLC’s investment portfolio, making the stock its 16th largest holding. Fairman Group LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,297,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PRF. Kovitz Investment Group Partners LLC raised 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 valued at $54,335,000 after purchasing an additional 1,344,229 shares during the period. RFG Advisory LLC lifted its position in Invesco FTSE RAFI US 1000 ETF by 7.3% during the 3rd quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock worth $242,974,000 after buying an additional 405,733 shares in the last quarter. Goodman Advisory Group LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter worth about $16,108,000. Stonebridge Financial Group LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 4th quarter worth approximately $13,221,000. Finally, Larson Financial Group LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 465.2% in the third quarter. Larson Financial Group LLC now owns 112,897 shares of the company’s stock valued at $4,587,000 after acquiring an additional 92,923 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Invesco FTSE RAFI US 1000 ETF stock opened at $42.10 on Wednesday. The company’s 50-day moving average is $41.36 and its 200-day moving average is $40.74. The firm has a market capitalization of $7.76 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $35.48 and a fifty-two week high of $43.01.

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.