EQ Wealth Advisors LLC Acquires Shares of 5,529 Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

EQ Wealth Advisors LLC bought a new position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the fourth quarter, Holdings Channel reports. The institutional investor bought 5,529 shares of the company’s stock, valued at approximately $223,000.

Other hedge funds have also recently modified their holdings of the company. RFG Advisory LLC increased its stake in Invesco FTSE RAFI US 1000 ETF by 5.4% during the 4th quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock worth $254,173,000 after buying an additional 320,593 shares in the last quarter. LPL Financial LLC increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 2.0% during the third quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock worth $100,520,000 after purchasing an additional 48,563 shares in the last quarter. Arbor Investment Advisors LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 1.2% in the 3rd quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock valued at $90,442,000 after purchasing an additional 26,692 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 1.3% in the 3rd quarter. D.A. Davidson & CO. now owns 1,669,374 shares of the company’s stock valued at $67,827,000 after purchasing an additional 21,714 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its stake in Invesco FTSE RAFI US 1000 ETF by 3,587.0% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock worth $54,335,000 after purchasing an additional 1,344,229 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Down 0.8 %

Shares of NYSEARCA PRF opened at $42.00 on Monday. The stock has a market capitalization of $7.74 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $35.36 and a 52 week high of $43.01. The firm has a 50-day simple moving average of $41.47 and a 200-day simple moving average of $40.59.

Invesco FTSE 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.