Arlington Financial Advisors LLC Lowers Stake in Invesco RAFI US 1000 ETF $PRF

Arlington Financial Advisors LLC lowered its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 200,501 shares of the company’s stock after selling 3,254 shares during the period. Invesco RAFI US 1000 ETF accounts for 1.4% of Arlington Financial Advisors LLC’s portfolio, making the stock its 22nd largest position. Arlington Financial Advisors LLC’s holdings in Invesco RAFI US 1000 ETF were worth $8,475,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco RAFI US 1000 ETF by 3.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,677,635 shares of the company’s stock valued at $108,203,000 after buying an additional 84,107 shares in the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of Invesco RAFI US 1000 ETF by 18.4% during the 1st quarter. Johnson Investment Counsel Inc. now owns 7,906 shares of the company’s stock valued at $319,000 after purchasing an additional 1,226 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Invesco RAFI US 1000 ETF by 11.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 133,911 shares of the company’s stock valued at $5,411,000 after purchasing an additional 13,954 shares during the last quarter. Johnson & White Wealth Management LLC grew its holdings in shares of Invesco RAFI US 1000 ETF by 0.3% during the 2nd quarter. Johnson & White Wealth Management LLC now owns 119,189 shares of the company’s stock valued at $5,038,000 after purchasing an additional 314 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of Invesco RAFI US 1000 ETF by 69.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 8,627 shares of the company’s stock valued at $349,000 after purchasing an additional 3,546 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

PRF stock opened at $44.99 on Wednesday. Invesco RAFI US 1000 ETF has a 52 week low of $34.98 and a 52 week high of $45.79. The firm’s fifty day moving average is $44.44 and its 200 day moving average is $41.99. The firm has a market cap of $8.19 billion, a P/E ratio of 17.96 and a beta of 1.00.

About Invesco RAFI US 1000 ETF

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.