Glen Eagle Advisors LLC Sells 8,424 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Glen Eagle Advisors LLC cut its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 13.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,479 shares of the company’s stock after selling 8,424 shares during the quarter. Glen Eagle Advisors LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $2,117,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of PRF. Smartleaf Asset Management LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $34,000. Noble Wealth Management PBC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $43,000. Integrity Financial Corp WA acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $54,000. IMG Wealth Management Inc. acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $61,000. Finally, Johnson Financial Group Inc. lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 7.5% in the fourth quarter. Johnson Financial Group Inc. now owns 3,601 shares of the company’s stock valued at $151,000 after buying an additional 250 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Down 0.3%

PRF opened at $41.17 on Wednesday. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $34.98 and a 12-month high of $43.01. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 16.98 and a beta of 0.93. The business has a 50 day moving average of $39.28 and a 200-day moving average of $40.75.

About Invesco FTSE 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.