Gladstone Institutional Advisory LLC Sells 315 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Gladstone Institutional Advisory LLC reduced its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 36,223 shares of the company’s stock after selling 315 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,461,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BNP Paribas Financial Markets acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 3rd quarter worth approximately $27,000. Bristlecone Advisors LLC bought a new position in Invesco FTSE RAFI US 1000 ETF during the third quarter worth $45,000. Coston McIsaac & Partners lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 31.1% in the third quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock valued at $59,000 after buying an additional 350 shares during the period. Decker Retirement Planning Inc. bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $90,000. Finally, Provident Wealth Management LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth about $97,000.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of NYSEARCA:PRF opened at $42.28 on Friday. The company has a market capitalization of $7.80 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $35.76 and a 1 year high of $43.01. The business’s 50-day moving average is $41.34 and its 200-day moving average is $40.76.

About Invesco FTSE 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.