Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Short Interest Down 75.5% in May

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 17,675 shares, a drop of 75.5% from the May 14th total of 72,278 shares. Based on an average trading volume of 354,802 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco RAFI US 1000 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Fisher Asset Management LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the third quarter valued at approximately $508,000. Farther Finance Advisors LLC lifted its position in shares of Invesco RAFI US 1000 ETF by 796.9% in the fourth quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock valued at $1,615,000 after acquiring an additional 30,584 shares in the last quarter. Charter Capital Management LLC DE lifted its position in shares of Invesco RAFI US 1000 ETF by 2.0% in the fourth quarter. Charter Capital Management LLC DE now owns 586,153 shares of the company’s stock valued at $27,502,000 after acquiring an additional 11,741 shares in the last quarter. Forteris Wealth Management Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $3,428,000. Finally, Guidance Capital Inc. boosted its holdings in shares of Invesco RAFI US 1000 ETF by 14.2% during the 3rd quarter. Guidance Capital Inc. now owns 90,898 shares of the company’s stock worth $4,174,000 after purchasing an additional 11,278 shares during the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $53.24 on Wednesday. The stock has a market capitalization of $9.80 billion, a P/E ratio of 17.96 and a beta of 0.87. The business has a 50 day simple moving average of $51.35 and a two-hundred day simple moving average of $49.21. Invesco RAFI US 1000 ETF has a 12 month low of $40.88 and a 12 month high of $54.12.

Invesco RAFI US 1000 ETF Company 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.