Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Stake Decreased by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC decreased its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 137,124 shares of the company’s stock after selling 3,924 shares during the quarter. Invesco FTSE RAFI US 1000 ETF accounts for approximately 2.0% of Bouvel Investment Partners LLC’s holdings, making the stock its 17th largest position. Bouvel Investment Partners LLC owned approximately 0.07% of Invesco FTSE RAFI US 1000 ETF worth $5,532,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of PRF. BNP Paribas Financial Markets purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter valued at $27,000. Bristlecone Advisors LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter valued at approximately $45,000. Toronto Dominion Bank acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 2nd quarter worth approximately $59,000. Coston McIsaac & Partners lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 31.1% in the third quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock valued at $59,000 after purchasing an additional 350 shares in the last quarter. Finally, Provident Wealth Management LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter worth $97,000.

Invesco FTSE RAFI US 1000 ETF Price Performance

NYSEARCA PRF opened at $41.29 on Friday. The company has a 50 day simple moving average of $41.46 and a 200-day simple moving average of $40.30. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $34.49 and a 52-week high of $43.01. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85.

Invesco FTSE 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.