Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Up 663.2% in June

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 74,600 shares, a growth of 663.2% from the June 15th total of 9,774 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 301,220 shares, the short-interest ratio is presently 0.2 days.

Invesco RAFI US 1000 ETF Stock Up 0.2%

Shares of NYSEARCA:PRF opened at $54.60 on Monday. Invesco RAFI US 1000 ETF has a 52-week low of $41.83 and a 52-week high of $54.65. The stock has a market cap of $9.79 billion, a P/E ratio of 17.96 and a beta of 0.87. The business has a fifty day moving average of $53.39 and a two-hundred day moving average of $50.38.

Institutional Investors Weigh In On Invesco RAFI US 1000 ETF

Hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in shares of 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 worth $1,615,000 after buying an additional 30,584 shares during the last quarter. Charter Capital Management LLC DE lifted its holdings in 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 valued at $27,502,000 after acquiring an additional 11,741 shares during the last quarter. Forteris Wealth Management Inc. purchased a new position in Invesco RAFI US 1000 ETF in the fourth quarter worth approximately $3,428,000. Northwestern Mutual Wealth Management Co. grew its position in Invesco RAFI US 1000 ETF by 2.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,868,856 shares of the company’s stock worth $87,687,000 after acquiring an additional 53,271 shares during the period. Finally, Boulder Wealth Advisors LLC grew its position in Invesco RAFI US 1000 ETF by 6.1% in the fourth quarter. Boulder Wealth Advisors LLC now owns 488,182 shares of the company’s stock worth $22,905,000 after acquiring an additional 28,073 shares during the period.

About Invesco RAFI US 1000 ETF

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.