Berman McAleer LLC trimmed its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 0.9% in the third quarter, Holdings Channel.com reports. The fund owned 1,544,416 shares of the company’s stock after selling 14,559 shares during the period. Invesco RAFI US 1000 ETF makes up about 9.9% of Berman McAleer LLC’s holdings, making the stock its largest holding. Berman McAleer LLC’s holdings in Invesco RAFI US 1000 ETF were worth $84,063,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in PRF. Charles Schwab Trust Co purchased a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth about $31,407,000. Forvis Mazars Wealth Advisors LLC purchased a new position in Invesco RAFI US 1000 ETF in the third quarter valued at approximately $25,162,000. Baker Ellis Asset Management LLC purchased a new position in Invesco RAFI US 1000 ETF in the third quarter valued at approximately $17,208,000. Bouvel Investment Partners LLC purchased a new position in Invesco RAFI US 1000 ETF in the third quarter valued at approximately $9,602,000. Finally, Intelligence Driven Advisers LLC acquired a new position in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $7,160,000.
Invesco RAFI US 1000 ETF Price Performance
Shares of NYSEARCA PRF opened at $55.89 on Friday. The company has a market capitalization of $10.05 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 1-year low of $44.47 and a 1-year high of $56.65. The business has a 50-day moving average of $55.72 and a 200-day moving average of $53.78.
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.
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