Raymond James Financial Services Advisors Inc. Acquires 35,551 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Raymond James Financial Services Advisors Inc. increased its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,392,344 shares of the company’s stock after purchasing an additional 35,551 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $49,011,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Zions Bancorporation N.A. bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 1st quarter worth $32,000. Geneos Wealth Management Inc. grew its stake in Invesco FTSE RAFI US 1000 ETF by 300.0% in the first quarter. Geneos Wealth Management Inc. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 150 shares during the last quarter. Coppell Advisory Solutions Corp. bought a new position in Invesco FTSE RAFI US 1000 ETF in the fourth quarter worth about $39,000. Sunbelt Securities Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the first quarter valued at about $73,000. Finally, Chilton Capital Management LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 1st quarter valued at about $94,000.

Invesco FTSE RAFI US 1000 ETF Price Performance

NYSEARCA PRF opened at $37.83 on Tuesday. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $30.22 and a 52 week high of $38.15. The company has a 50 day moving average price of $36.43 and a 200 day moving average price of $34.24. The firm has a market cap of $7.04 billion, a PE ratio of 12.89 and a beta of 1.00.

Invesco FTSE RAFI US 1000 ETF 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.