Invesco RAFI US 1000 ETF $PRF Shares Sold by Grimes & Company Inc.

Grimes & Company Inc. cut its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 0.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 791,327 shares of the company’s stock after selling 6,318 shares during the quarter. Invesco RAFI US 1000 ETF comprises 0.9% of Grimes & Company Inc.’s holdings, making the stock its 21st biggest position. Grimes & Company Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $33,449,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted 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. Ameriprise Financial Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 6.2% during the 1st quarter. Ameriprise Financial Inc. now owns 7,010,953 shares of the company’s stock worth $283,404,000 after acquiring an additional 406,790 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,273,261 shares of the company’s stock worth $213,092,000 after acquiring an additional 16,056 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 0.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,702,234 shares of the company’s stock worth $190,017,000 after acquiring an additional 23,395 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,713,443 shares of the company’s stock worth $109,650,000 after acquiring an additional 35,110 shares in the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.5%

PRF opened at $45.58 on Monday. The firm has a market cap of $8.30 billion, a PE ratio of 17.96 and a beta of 1.00. The business has a fifty day simple moving average of $44.11 and a 200-day simple moving average of $41.78. Invesco RAFI US 1000 ETF has a fifty-two week low of $34.98 and a fifty-two week high of $45.79.

Invesco 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.