Sovran Advisors LLC Purchases Shares of 13,252 Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Sovran Advisors LLC acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,252 shares of the company’s stock, valued at approximately $537,000.

Several other institutional investors and hedge funds have also recently modified their holdings of PRF. RFG Advisory LLC increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 5.4% during the fourth quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock worth $254,173,000 after purchasing an additional 320,593 shares during the period. LPL Financial LLC boosted its stake in Invesco FTSE RAFI US 1000 ETF by 2.0% in the 3rd quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock valued at $100,520,000 after purchasing an additional 48,563 shares during the period. Arbor Investment Advisors LLC grew its holdings in Invesco FTSE RAFI US 1000 ETF by 1.2% in the 3rd quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock valued at $90,442,000 after buying an additional 26,692 shares in the last quarter. D.A. Davidson & CO. increased its position in Invesco FTSE RAFI US 1000 ETF by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 1,669,374 shares of the company’s stock worth $67,827,000 after buying an additional 21,714 shares during the period. Finally, Kovitz Investment Group Partners LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 3,587.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock worth $54,335,000 after buying an additional 1,344,229 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Shares of Invesco FTSE RAFI US 1000 ETF stock opened at $41.91 on Thursday. The firm has a 50-day moving average of $41.35 and a 200-day moving average of $40.74. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $35.48 and a 52-week high of $43.01. The stock has a market cap of $7.73 billion, a PE ratio of 3.61 and a beta of 0.85.

Invesco FTSE 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.