RFG Advisory LLC Has $60.36 Million Stake in Invesco RAFI US 1000 ETF $PRF

RFG Advisory LLC reduced its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 7.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,286,330 shares of the company’s stock after selling 109,199 shares during the quarter. Invesco RAFI US 1000 ETF comprises 1.1% of RFG Advisory LLC’s portfolio, making the stock its 12th biggest position. RFG Advisory LLC’s holdings in Invesco RAFI US 1000 ETF were worth $60,355,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Berman McAleer LLC acquired a new position in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $70,352,000. Boulder Wealth Advisors LLC bought a new position in shares of Invesco RAFI US 1000 ETF during the third quarter worth $20,802,000. Ameriprise Financial Inc. raised its stake in Invesco RAFI US 1000 ETF by 4.7% during 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 period. Vestmark Advisory Solutions Inc. bought a new position in Invesco RAFI US 1000 ETF during the third quarter worth about $9,554,000. Finally, Larson Financial Group LLC lifted its holdings in Invesco RAFI US 1000 ETF by 31.7% during the third quarter. Larson Financial Group LLC now owns 799,726 shares of the company’s stock worth $36,156,000 after acquiring an additional 192,562 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Up 1.2%

NYSEARCA:PRF opened at $52.09 on Wednesday. Invesco RAFI US 1000 ETF has a 1 year low of $39.24 and a 1 year high of $52.17. The stock has a 50-day moving average price of $49.02 and a two-hundred day moving average price of $47.90. The stock has a market cap of $9.59 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88.

Invesco 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.