KWB Wealth Cuts Position in Invesco RAFI US 1000 ETF $PRF

KWB Wealth lowered its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 13.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,628 shares of the company’s stock after selling 10,521 shares during the quarter. KWB Wealth’s holdings in Invesco RAFI US 1000 ETF were worth $3,762,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PRF. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco RAFI US 1000 ETF by 1,740.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after acquiring an additional 31,596,591 shares during the last quarter. Focus Partners Wealth lifted its stake in Invesco RAFI US 1000 ETF by 367.4% during the fourth quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock worth $80,419,000 after purchasing an additional 1,347,696 shares during the last quarter. Boulder Wealth Advisors LLC purchased a new stake in Invesco RAFI US 1000 ETF during the third quarter worth approximately $20,802,000. Goodman Advisory Group LLC acquired a new position in Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $19,644,000. Finally, Ameriprise Financial Inc. boosted its holdings in Invesco RAFI US 1000 ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after purchasing an additional 332,315 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Up 0.3%

PRF stock opened at $56.06 on Tuesday. Invesco RAFI US 1000 ETF has a twelve month low of $42.68 and a twelve month high of $56.16. The company’s 50 day moving average is $54.28 and its two-hundred day moving average is $51.43. The stock has a market cap of $10.03 billion, a P/E ratio of 17.96 and a beta of 0.87.

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.