Private Advisor Group LLC Decreases Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Private Advisor Group LLC reduced its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 38.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,834 shares of the company’s stock after selling 14,072 shares during the period. Private Advisor Group LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Stifel Financial Corp lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 11.1% in the third quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock valued at $1,577,000 after acquiring an additional 3,880 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 3rd quarter worth approximately $27,000. Brookstone Capital Management lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 14.5% in the 4th quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock worth $252,000 after purchasing an additional 793 shares during the period. FMR LLC boosted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 6.1% in the third quarter. FMR LLC now owns 128,370 shares of the company’s stock worth $5,216,000 after buying an additional 7,384 shares during the last quarter. Finally, Reston Wealth Management LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at approximately $112,000.

Invesco FTSE RAFI US 1000 ETF Trading Up 1.5 %

PRF opened at $42.08 on Friday. The firm’s 50 day simple moving average is $41.44 and its two-hundred day simple moving average is $41.01. The company has a market capitalization of $7.72 billion, a PE ratio of 18.98 and a beta of 1.00. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $36.36 and a 1-year high of $43.01.

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.