Rodgers & Associates LTD Trims Stock Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Rodgers & Associates LTD cut its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 305,208 shares of the company’s stock after selling 12,860 shares during the quarter. Invesco FTSE RAFI US 1000 ETF makes up approximately 1.5% of Rodgers & Associates LTD’s holdings, making the stock its 24th largest holding. Rodgers & Associates LTD owned about 0.17% of Invesco FTSE RAFI US 1000 ETF worth $12,312,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp grew its holdings in Invesco FTSE RAFI US 1000 ETF by 11.1% during the 3rd quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock worth $1,577,000 after acquiring an additional 3,880 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 3rd quarter valued at approximately $27,000. Brookstone Capital Management lifted its stake in Invesco FTSE RAFI US 1000 ETF by 14.5% during the fourth quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock worth $252,000 after purchasing an additional 793 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock worth $1,281,000 after purchasing an additional 1,954 shares during the last quarter. Finally, FMR LLC boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 6.1% in the third quarter. FMR LLC now owns 128,370 shares of the company’s stock worth $5,216,000 after purchasing an additional 7,384 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Invesco FTSE RAFI US 1000 ETF stock opened at $42.12 on Friday. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $35.31 and a 1 year high of $43.01. The firm’s 50-day moving average is $41.44 and its 200-day moving average is $40.43. The company has a market cap of $7.77 billion, a P/E ratio of 3.61 and a beta of 0.85.

About Invesco FTSE 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.