Steward Partners Investment Advisory LLC Increases Stock Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Steward Partners Investment Advisory LLC increased its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.0% in the 4th quarter, Holdings Channel reports. The firm owned 344,945 shares of the company’s stock after buying an additional 6,793 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $13,915,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 3.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 8,347 shares of the company’s stock valued at $338,000 after purchasing an additional 258 shares during the last quarter. Capital Investment Advisors LLC grew its position in Invesco FTSE RAFI US 1000 ETF by 5.6% during the fourth quarter. Capital Investment Advisors LLC now owns 8,063 shares of the company’s stock valued at $325,000 after buying an additional 426 shares during the period. Sovereign Financial Group Inc. increased its holdings in Invesco FTSE RAFI US 1000 ETF by 2.3% during the fourth quarter. Sovereign Financial Group Inc. now owns 20,997 shares of the company’s stock valued at $847,000 after buying an additional 467 shares during the last quarter. Empower Advisory Group LLC boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3.3% during the 4th quarter. Empower Advisory Group LLC now owns 15,616 shares of the company’s stock worth $630,000 after acquiring an additional 495 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth $27,000.

Invesco FTSE RAFI US 1000 ETF Price Performance

NYSEARCA:PRF opened at $40.75 on Wednesday. Invesco FTSE RAFI US 1000 ETF has a one year low of $36.36 and a one year high of $43.01. The business has a fifty day moving average price of $41.50 and a 200-day moving average price of $41.09. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 18.98 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.