Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) is Arbor Investment Advisors LLC’s 2nd Largest Position

Arbor Investment Advisors LLC trimmed its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,193,879 shares of the company’s stock after selling 32,101 shares during the quarter. Invesco FTSE RAFI US 1000 ETF accounts for 12.4% of Arbor Investment Advisors LLC’s holdings, making the stock its 2nd largest holding. Arbor Investment Advisors LLC owned about 1.19% of Invesco FTSE RAFI US 1000 ETF worth $88,501,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. RFG Advisory LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 5.4% in the 4th quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock worth $254,173,000 after buying an additional 320,593 shares during the period. LPL Financial LLC lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 2.0% during the 3rd quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock worth $100,520,000 after purchasing an additional 48,563 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3.1% during the 4th quarter. D.A. Davidson & CO. now owns 1,721,639 shares of the company’s stock worth $69,451,000 after purchasing an additional 52,265 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3,587.0% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock worth $54,335,000 after purchasing an additional 1,344,229 shares during the last quarter. Finally, Saxon Interests Inc. lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 1.1% during the 4th quarter. Saxon Interests Inc. now owns 517,847 shares of the company’s stock worth $20,890,000 after purchasing an additional 5,822 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of NYSEARCA PRF opened at $41.81 on Friday. The stock has a market capitalization of $7.67 billion, a P/E ratio of 18.98 and a beta of 1.00. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $36.36 and a 1-year high of $43.01. The business has a fifty day moving average price of $41.38 and a 200 day moving average price of $40.92.

Invesco FTSE 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.