Essex Financial Services Inc. Increases Position in Invesco RAFI US 1000 ETF $PRF

Essex Financial Services Inc. lifted its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 255,830 shares of the company’s stock after buying an additional 20,110 shares during the period. Essex Financial Services Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $12,004,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco RAFI US 1000 ETF by 1,740.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock worth $1,537,911,000 after buying an additional 31,596,591 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after buying an additional 184,757 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after buying an additional 332,315 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock worth $243,627,000 after buying an additional 97,185 shares during the last quarter. Finally, Linscomb Wealth Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 2.1% in the 3rd quarter. Linscomb Wealth Inc. now owns 2,124,133 shares of the company’s stock worth $96,032,000 after buying an additional 43,451 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Down 0.2%

Shares of NYSEARCA PRF opened at $53.60 on Friday. The company has a market capitalization of $9.87 billion, a PE ratio of 17.96 and a beta of 0.88. The stock’s 50 day moving average price is $50.48 and its 200-day moving average price is $48.80. Invesco RAFI US 1000 ETF has a twelve month low of $40.37 and a twelve month high of $53.81.

Invesco RAFI US 1000 ETF Company 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.