JNBA Financial Advisors Decreases Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

JNBA Financial Advisors cut its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 281,848 shares of the company’s stock after selling 4,272 shares during the quarter. Invesco FTSE RAFI US 1000 ETF makes up approximately 1.2% of JNBA Financial Advisors’ portfolio, making the stock its 18th largest holding. JNBA Financial Advisors’ holdings in Invesco FTSE RAFI US 1000 ETF were worth $11,370,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of PRF. Capital Investment Advisors LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 28.2% in the 3rd quarter. Capital Investment Advisors LLC now owns 7,637 shares of the company’s stock worth $310,000 after purchasing an additional 1,680 shares in the last quarter. Rodgers & Associates LTD lifted its stake in Invesco FTSE RAFI US 1000 ETF by 9.3% in the 3rd quarter. Rodgers & Associates LTD now owns 318,068 shares of the company’s stock worth $12,923,000 after purchasing an additional 27,018 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock worth $1,281,000 after purchasing an additional 1,954 shares in the last quarter. Coston McIsaac & Partners lifted its stake in Invesco FTSE RAFI US 1000 ETF by 31.1% in the 3rd quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after purchasing an additional 350 shares in the last quarter. Finally, Brighton Jones LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 3.0% in the 3rd quarter. Brighton Jones LLC now owns 23,634 shares of the company’s stock worth $960,000 after purchasing an additional 687 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

PRF opened at $42.29 on Friday. The company’s 50 day simple moving average is $41.34 and its two-hundred day simple moving average is $40.79. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $36.07 and a 1-year high of $43.01. The firm has a market capitalization of $7.80 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85.

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.