Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Position Lessened by Klingman & Associates LLC

Klingman & Associates LLC decreased its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.0% during the 4th quarter, HoldingsChannel reports. The firm owned 691,816 shares of the company’s stock after selling 14,477 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises 1.7% of Klingman & Associates LLC’s holdings, making the stock its 14th largest position. Klingman & Associates LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $27,908,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in Invesco FTSE RAFI US 1000 ETF by 11.1% during the 3rd quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock valued at $1,577,000 after acquiring an additional 3,880 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in Invesco FTSE RAFI US 1000 ETF during the 3rd quarter valued at $27,000. Brookstone Capital Management raised its stake in Invesco FTSE RAFI US 1000 ETF by 14.5% during the 4th quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $252,000 after acquiring an additional 793 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 6.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock valued at $1,281,000 after acquiring an additional 1,954 shares in the last quarter. Finally, FMR LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 6.1% during the 3rd quarter. FMR LLC now owns 128,370 shares of the company’s stock valued at $5,216,000 after acquiring an additional 7,384 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of Invesco FTSE RAFI US 1000 ETF stock opened at $42.49 on Wednesday. The business’s fifty day moving average price is $41.35 and its two-hundred day moving average price is $40.85. The company has a market capitalization of $7.83 billion, a P/E ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $36.07 and a 1-year 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.