Wealthfront Advisers LLC Sells 6,815 Shares of Invesco RAFI US 1000 ETF $PRF

Wealthfront Advisers LLC decreased its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 12.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,172 shares of the company’s stock after selling 6,815 shares during the period. Wealthfront Advisers LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,952,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PRF. Exchange Traded Concepts LLC acquired a new position in Invesco RAFI US 1000 ETF in the 2nd quarter worth $51,585,000. Charles Schwab Investment Management Inc. grew its stake in shares of Invesco RAFI US 1000 ETF by 3.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 24,407,637 shares of the company’s stock worth $986,313,000 after acquiring an additional 887,580 shares in the last quarter. Charter Capital Management LLC DE acquired a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at approximately $23,683,000. Ameriprise Financial Inc. lifted its position in shares of Invesco RAFI US 1000 ETF by 6.2% in the first quarter. Ameriprise Financial Inc. now owns 7,010,953 shares of the company’s stock worth $283,404,000 after purchasing an additional 406,790 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in Invesco RAFI US 1000 ETF by 75.3% during the first quarter. Larson Financial Group LLC now owns 404,439 shares of the company’s stock worth $16,343,000 after purchasing an additional 173,731 shares during the last quarter.

Invesco RAFI US 1000 ETF Trading Down 0.7%

Invesco RAFI US 1000 ETF stock opened at $45.59 on Friday. Invesco RAFI US 1000 ETF has a 1-year low of $34.98 and a 1-year high of $46.30. The company has a fifty day simple moving average of $44.99 and a 200 day simple moving average of $42.61. The company has a market cap of $8.27 billion, a P/E ratio of 17.96 and a beta of 0.92.

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.