Cidel Asset Management Inc. Reduces Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Cidel Asset Management Inc. reduced its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 119,893 shares of the company’s stock after selling 1,437 shares during the quarter. Cidel Asset Management Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $4,836,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PRF. Stifel Financial Corp increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 11.1% in the 3rd quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock valued at $1,577,000 after acquiring an additional 3,880 shares during the period. BNP Paribas Financial Markets acquired a new position in Invesco FTSE RAFI US 1000 ETF in the third quarter valued at $27,000. Brookstone Capital Management raised its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 14.5% in the fourth quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $252,000 after buying an additional 793 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock worth $1,281,000 after buying an additional 1,954 shares during the period. Finally, FMR LLC grew its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 6.1% during the third quarter. FMR LLC now owns 128,370 shares of the company’s stock worth $5,216,000 after buying an additional 7,384 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Down 0.8 %

Shares of PRF stock opened at $41.82 on Friday. The stock’s 50-day moving average price is $41.39 and its 200 day moving average price is $40.67. The stock has a market capitalization of $7.71 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $35.48 and a 52-week 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.