Waverly Advisors LLC Sells 82,038 Shares of Invesco RAFI US 1000 ETF $PRF

Waverly Advisors LLC reduced its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,577,537 shares of the company’s stock after selling 82,038 shares during the period. Invesco RAFI US 1000 ETF makes up approximately 1.1% of Waverly Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Waverly Advisors LLC owned 2.00% of Invesco RAFI US 1000 ETF worth $193,294,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Bank of Montreal Can grew its stake in shares of Invesco RAFI US 1000 ETF by 1.3% during the 4th quarter. Bank of Montreal Can now owns 17,987 shares of the company’s stock worth $844,000 after purchasing an additional 231 shares during the period. HB Wealth Management LLC increased its position in shares of Invesco RAFI US 1000 ETF by 0.7% during the first quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock worth $1,711,000 after purchasing an additional 241 shares in the last quarter. Ferguson Wellman Capital Management Inc. lifted its stake in Invesco RAFI US 1000 ETF by 5.2% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock worth $237,000 after purchasing an additional 245 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of Invesco RAFI US 1000 ETF by 74.6% during the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of Invesco RAFI US 1000 ETF by 1.1% in the fourth quarter. NewEdge Advisors LLC now owns 32,224 shares of the company’s stock valued at $1,512,000 after purchasing an additional 342 shares during the period.

Invesco RAFI US 1000 ETF Stock Down 0.6%

Shares of Invesco RAFI US 1000 ETF stock traded down $0.35 during mid-day trading on Tuesday, hitting $55.98. The stock had a trading volume of 237,932 shares, compared to its average volume of 452,263. The firm has a 50-day moving average of $55.28 and a two-hundred day moving average of $52.40. The firm has a market cap of $10.01 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 12-month low of $44.11 and a 12-month high of $56.65.

Invesco 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.