KWB Wealth Trims Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

KWB Wealth reduced its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 13.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,414 shares of the company’s stock after selling 12,163 shares during the period. KWB Wealth’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $3,308,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Breakwater Capital Group boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 1.4% in the fourth quarter. Breakwater Capital Group now owns 458,038 shares of the company’s stock valued at $18,477,000 after purchasing an additional 6,113 shares during the last quarter. Johnson & White Wealth Management LLC boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 7.0% in the fourth quarter. Johnson & White Wealth Management LLC now owns 114,094 shares of the company’s stock worth $4,592,000 after buying an additional 7,507 shares during the last quarter. Marion Wealth Management grew its holdings in Invesco FTSE RAFI US 1000 ETF by 0.8% during the fourth quarter. Marion Wealth Management now owns 159,366 shares of the company’s stock worth $6,429,000 after acquiring an additional 1,316 shares during the period. Kieckhefer Group LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 4th quarter worth approximately $111,000. Finally, Capital Investment Advisors LLC grew its stake in shares of Invesco FTSE RAFI US 1000 ETF by 5.6% during the 4th quarter. Capital Investment Advisors LLC now owns 8,063 shares of the company’s stock worth $325,000 after purchasing an additional 426 shares during the period.

Invesco FTSE RAFI US 1000 ETF Price Performance

PRF opened at $40.26 on Tuesday. The firm has a fifty day moving average price of $41.49 and a 200 day moving average price of $40.25. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $34.49 and a 1 year high of $43.01. The stock has a market cap of $7.42 billion, a P/E ratio of 3.61 and a beta of 0.85.

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.