McNamara Financial Services Inc. trimmed its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 6.9% in the 4th quarter, HoldingsChannel reports. The firm owned 40,339 shares of the company’s stock after selling 3,003 shares during the quarter. Invesco FTSE RAFI US 1000 ETF makes up about 0.4% of McNamara Financial Services Inc.’s portfolio, making the stock its 19th biggest position. McNamara Financial Services Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,627,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of PRF. BNP Paribas Financial Markets acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth about $27,000. Bristlecone Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter worth approximately $45,000. Coston McIsaac & Partners raised its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 31.1% during the third quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock valued at $59,000 after acquiring an additional 350 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at approximately $90,000. Finally, Provident Wealth Management LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter worth approximately $97,000.
Invesco FTSE RAFI US 1000 ETF Stock Down 0.8 %
Shares of NYSEARCA:PRF opened at $42.00 on Monday. The company’s fifty day moving average is $41.47 and its two-hundred day moving average is $40.59. The company has a market cap of $7.74 billion, a P/E ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $35.36 and a 12-month high of $43.01.
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.
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