Forvis Mazars Wealth Advisors LLC Cuts Position in Invesco RAFI US 1000 ETF $PRF

Forvis Mazars Wealth Advisors LLC trimmed its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 527,133 shares of the company’s stock after selling 18,367 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Invesco RAFI US 1000 ETF were worth $23,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. grew its holdings in shares of Invesco RAFI US 1000 ETF by 34.5% in the second quarter. UMB Bank n.a. now owns 1,002 shares of the company’s stock valued at $42,000 after purchasing an additional 257 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in Invesco RAFI US 1000 ETF during the third quarter valued at $57,000. Financial Consulate Inc. bought a new position in Invesco RAFI US 1000 ETF during the third quarter valued at $57,000. Farther Finance Advisors LLC grew its stake in shares of Invesco RAFI US 1000 ETF by 33.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,465 shares of the company’s stock worth $62,000 after buying an additional 368 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the 2nd quarter worth $76,000.

Invesco RAFI US 1000 ETF Trading Down 1.5%

Shares of NYSEARCA PRF opened at $47.83 on Wednesday. The firm’s 50-day moving average price is $47.02 and its 200-day moving average price is $45.26. The stock has a market capitalization of $8.73 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92. Invesco RAFI US 1000 ETF has a 12-month low of $34.98 and a 12-month high of $48.83.

About Invesco 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.