Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Down 75.5% in May

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 17,675 shares, a decrease of 75.5% from the May 14th total of 72,278 shares. Based on an average daily trading volume, of 354,802 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco RAFI US 1000 ETF by 1,740.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after buying an additional 31,596,591 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco RAFI US 1000 ETF by 1.6% in the second quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock valued at $488,868,000 after buying an additional 184,757 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Invesco RAFI US 1000 ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after buying an additional 332,315 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Invesco RAFI US 1000 ETF by 1.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock valued at $243,627,000 after buying an additional 97,185 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of Invesco RAFI US 1000 ETF by 1.8% during the 4th quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock worth $147,117,000 after purchasing an additional 54,954 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA PRF opened at $53.24 on Wednesday. The stock has a market capitalization of $9.80 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 52-week low of $40.88 and a 52-week high of $54.12. The firm has a 50-day moving average price of $51.35 and a 200 day moving average price of $49.21.

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.