Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Down 86.2% in April

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 11,864 shares, a decrease of 86.2% from the March 31st total of 85,910 shares. Based on an average daily volume of 522,007 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of Invesco RAFI US 1000 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MCF Advisors LLC lifted its position in shares of Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after purchasing an additional 300 shares during the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter worth $34,000. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth $35,000. Russell Investments Group Ltd. lifted its position in shares of Invesco RAFI US 1000 ETF by 114.1% during the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. lifted its position in shares of Invesco RAFI US 1000 ETF by 570.2% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after purchasing an additional 747 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.3%

Invesco RAFI US 1000 ETF stock traded up $0.14 during midday trading on Friday, reaching $50.86. The stock had a trading volume of 340,582 shares, compared to its average volume of 534,006. Invesco RAFI US 1000 ETF has a 52-week low of $38.38 and a 52-week high of $51.04. The firm has a market cap of $9.36 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. The company has a fifty day moving average of $48.85 and a 200 day moving average of $47.64.

Invesco 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.