LPL Financial LLC Increases Stake in Invesco RAFI US 1000 ETF $PRF

LPL Financial LLC boosted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,727,461 shares of the company’s stock after acquiring an additional 188,790 shares during the quarter. LPL Financial LLC owned 1.50% of Invesco RAFI US 1000 ETF worth $127,972,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PRF. Northwestern Mutual Wealth Management Co. raised its position in Invesco RAFI US 1000 ETF by 1,740.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after acquiring an additional 31,596,591 shares in the last quarter. Boulder Wealth Advisors LLC purchased a new position in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $20,802,000. Ameriprise Financial Inc. raised its position in Invesco RAFI US 1000 ETF by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after acquiring an additional 332,315 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $9,554,000. Finally, Larson Financial Group LLC raised its position 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 valued at $36,156,000 after acquiring an additional 192,562 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Down 1.0%

Shares of PRF stock opened at $52.69 on Thursday. The stock has a 50 day moving average of $51.47 and a 200 day moving average of $49.27. The stock has a market cap of $9.70 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a twelve month low of $40.88 and a twelve month high of $54.12.

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.