Significant ETF Outflow Observed in PRF, GM, CVS, and VLO

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The Invesco FTSE RAFI US 1000 ETF (PRF) has experienced an outflow of approximately $281.5 million, equating to a 2.9% decrease in shares outstanding, from 184,420,000 to 179,030,000. This change was noted in the week of October 7, 2023.

Key underlying components of PRF include General Motors Co (GM), down 0.3%; CVS Health Corporation (CVS), down 0.4%; and Valero Energy Corp (VLO), up by 1%. PRF’s current share price is $52.40, within a 52-week range of $39.89 to $52.97.

This notable decrease in shares may influence the ETF’s underlying holdings, as significant flows often lead to adjustments in the component stocks held within the fund.

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