Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Update

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 72,278 shares, a growth of 239.8% from the April 30th total of 21,271 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 974,385 shares, the days-to-cover ratio is presently 0.1 days.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA PRF traded down $0.09 on Friday, hitting $53.60. 320,383 shares of the stock were exchanged, compared to its average volume of 560,538. The stock has a fifty day moving average price of $50.48 and a two-hundred day moving average price of $48.80. The firm has a market capitalization of $9.87 billion, a P/E ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 52-week low of $40.37 and a 52-week high of $53.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. MCF Advisors LLC boosted its stake in 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 buying an additional 300 shares during the period. Lodestone Wealth Management LLC purchased a new position in Invesco RAFI US 1000 ETF during the fourth quarter worth $34,000. JPL Wealth Management LLC purchased a new position in Invesco RAFI US 1000 ETF during the third quarter worth $35,000. Russell Investments Group Ltd. boosted its stake in 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 buying an additional 445 shares during the period. Finally, Investment Research & Advisory Group Inc. boosted its stake in 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 buying an additional 747 shares during the period.

About Invesco RAFI US 1000 ETF

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.