Sheets Smith Wealth Management Has $1.93 Million Stock Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Sheets Smith Wealth Management decreased its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 24.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 47,708 shares of the company’s stock after selling 15,472 shares during the quarter. Sheets Smith Wealth Management’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,925,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. BNP Paribas Financial Markets bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter worth about $27,000. Bristlecone Advisors LLC acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at approximately $45,000. Coston McIsaac & Partners increased its stake in Invesco FTSE RAFI US 1000 ETF by 31.1% during the 3rd quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after purchasing an additional 350 shares in the last quarter. Toronto Dominion Bank acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 2nd quarter worth approximately $59,000. Finally, Decker Retirement Planning Inc. bought a new position in Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $90,000.

Invesco FTSE RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF opened at $42.00 on Wednesday. The stock has a 50-day simple moving average of $41.44 and a 200 day simple moving average of $40.41. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $35.24 and a 52-week high of $43.01. The company has a market cap of $7.74 billion, a PE 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.