PNC Financial Services Group Inc. Has $243.63 Million Position in Invesco RAFI US 1000 ETF $PRF

PNC Financial Services Group Inc. lifted its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,192,385 shares of the company’s stock after purchasing an additional 97,185 shares during the period. PNC Financial Services Group Inc. owned 2.85% of Invesco RAFI US 1000 ETF worth $243,627,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PRF. Revolve Wealth Partners LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $469,000. AQR Capital Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the first quarter valued at approximately $1,316,000. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco RAFI US 1000 ETF in the first quarter valued at approximately $911,000. Franklin Resources Inc. acquired a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at approximately $101,000. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Invesco RAFI US 1000 ETF by 237,600.0% in the second quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock valued at $502,000 after purchasing an additional 11,880 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $52.16 on Wednesday. The firm has a market cap of $9.60 billion, a P/E ratio of 17.96 and a beta of 0.88. The firm has a 50 day simple moving average of $49.64 and a 200 day simple moving average of $48.39. Invesco RAFI US 1000 ETF has a fifty-two week low of $39.89 and a fifty-two week high of $52.97.

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.