Short Interest in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Increases By 663.2%

Invesco RAFI US 1000 ETF (NYSEARCA:PRF) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 74,600 shares, a growth of 663.2% from the June 15th total of 9,774 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 301,220 shares, the short-interest ratio is currently 0.2 days.

Invesco RAFI US 1000 ETF Stock Up 0.3%

Shares of PRF traded up $0.19 during trading hours on Friday, reaching $54.48. The company’s stock had a trading volume of 997,649 shares, compared to its average volume of 511,660. The company has a 50 day moving average of $53.39 and a two-hundred day moving average of $50.36. Invesco RAFI US 1000 ETF has a 1-year low of $41.83 and a 1-year high of $54.65. The firm has a market cap of $9.77 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PRF. Farther Finance Advisors LLC boosted its position in Invesco RAFI US 1000 ETF by 796.9% during the fourth quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock worth $1,615,000 after purchasing an additional 30,584 shares during the period. Charter Capital Management LLC DE raised 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 purchasing an additional 11,741 shares during the period. Forteris Wealth Management Inc. bought a new position in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $3,428,000. Boulder Wealth Advisors LLC lifted its stake in shares of Invesco RAFI US 1000 ETF by 6.1% in the fourth quarter. Boulder Wealth Advisors LLC now owns 488,182 shares of the company’s stock worth $22,905,000 after buying an additional 28,073 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco RAFI US 1000 ETF by 2.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,868,856 shares of the company’s stock worth $87,687,000 after buying an additional 53,271 shares during the last quarter.

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.