Linscomb Wealth Inc. raised its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,071,849 shares of the company’s stock after acquiring an additional 11,993 shares during the quarter. Invesco FTSE RAFI US 1000 ETF comprises approximately 4.2% of Linscomb Wealth Inc.’s investment portfolio, making the stock its 5th biggest holding. Linscomb Wealth Inc. owned approximately 1.12% of Invesco FTSE RAFI US 1000 ETF worth $83,578,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the stock. BNP Paribas Financial Markets bought a new position in Invesco FTSE RAFI US 1000 ETF in the third quarter valued at about $27,000. Decker Retirement Planning Inc. bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $90,000. Reston Wealth Management LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth approximately $112,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 4th quarter worth approximately $111,000. Finally, Dunhill Financial LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter worth approximately $131,000.
Invesco FTSE RAFI US 1000 ETF Stock Performance
Shares of PRF stock opened at $41.47 on Friday. The firm’s 50 day moving average price is $41.44 and its two-hundred day moving average price is $41.01. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $36.36 and a 52-week high of $43.01. The stock has a market cap of $7.61 billion, a PE ratio of 18.98 and a beta of 1.00.
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.
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