Spectrum Wealth Counsel LLC Sells 1,490 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Spectrum Wealth Counsel LLC reduced its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,960 shares of the company’s stock after selling 1,490 shares during the period. Spectrum Wealth Counsel LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $2,338,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC increased its position in Invesco FTSE RAFI US 1000 ETF by 3.2% in the 4th quarter. Chicago Partners Investment Group LLC now owns 8,347 shares of the company’s stock worth $338,000 after buying an additional 258 shares during the period. Capital Investment Advisors LLC increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 5.6% during the fourth quarter. Capital Investment Advisors LLC now owns 8,063 shares of the company’s stock valued at $325,000 after purchasing an additional 426 shares during the period. Sovereign Financial Group Inc. increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 2.3% during the fourth quarter. Sovereign Financial Group Inc. now owns 20,997 shares of the company’s stock valued at $847,000 after purchasing an additional 467 shares during the period. Empower Advisory Group LLC increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 3.3% during the fourth quarter. Empower Advisory Group LLC now owns 15,616 shares of the company’s stock valued at $630,000 after purchasing an additional 495 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter valued at approximately $27,000.

Invesco FTSE RAFI US 1000 ETF Trading Up 1.5 %

PRF opened at $42.08 on Friday. The stock has a market cap of $7.72 billion, a PE 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 stock’s 50 day simple moving average is $41.44 and its 200-day simple moving average is $41.01.

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.