Invesco RAFI US 1000 ETF $PRF Shares Sold by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC cut its holdings in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 424,698 shares of the company’s stock after selling 9,733 shares during the period. Invesco RAFI US 1000 ETF accounts for 6.4% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its largest holding. Flynn Zito Capital Management LLC’s holdings in Invesco RAFI US 1000 ETF were worth $20,186,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Invesco RAFI US 1000 ETF by 4.3% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 16,977 shares of the company’s stock valued at $807,000 after buying an additional 703 shares during the period. Chicago Partners Investment Group LLC raised its stake in shares of Invesco RAFI US 1000 ETF by 14.1% in the first quarter. Chicago Partners Investment Group LLC now owns 12,307 shares of the company’s stock valued at $623,000 after acquiring an additional 1,524 shares in the last quarter. Navigate Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the first quarter valued at $1,946,000. Diversify Wealth Management LLC boosted its holdings in Invesco RAFI US 1000 ETF by 14.5% in the first quarter. Diversify Wealth Management LLC now owns 6,059 shares of the company’s stock valued at $309,000 after purchasing an additional 766 shares during the period. Finally, Ferguson Wellman Capital Management Inc. boosted its holdings in Invesco RAFI US 1000 ETF by 5.2% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock valued at $237,000 after purchasing an additional 245 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

PRF opened at $54.41 on Wednesday. The business has a fifty day moving average price of $53.49 and a 200 day moving average price of $50.49. Invesco RAFI US 1000 ETF has a 12 month low of $41.83 and a 12 month high of $54.69. The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87.

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.