Rather & Kittrell Inc. Cuts Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Rather & Kittrell Inc. trimmed its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 0.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 37,395 shares of the company’s stock after selling 252 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises about 0.4% of Rather & Kittrell Inc.’s portfolio, making the stock its 29th largest holding. Rather & Kittrell Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,519,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock valued at $1,281,000 after buying an additional 1,954 shares during the period. Aptus Capital Advisors LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 70.9% during the second quarter. Aptus Capital Advisors LLC now owns 6,205 shares of the company’s stock valued at $235,000 after buying an additional 2,574 shares during the period. Savant Capital LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 58.6% during the second quarter. Savant Capital LLC now owns 36,011 shares of the company’s stock valued at $1,367,000 after buying an additional 13,306 shares during the period. Ted Buchan & Co purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the second quarter valued at about $13,102,000. Finally, Reston Wealth Management LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at about $112,000.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.4 %

NYSEARCA PRF opened at $42.05 on Friday. The company has a 50-day simple moving average of $40.45 and a two-hundred day simple moving average of $39.06. The firm has a market cap of $7.75 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $31.66 and a 12-month high of $42.16.

Invesco FTSE RAFI US 1000 ETF Company 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.