Laurel Wealth Advisors LLC cut its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 97.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,659 shares of the company’s stock after selling 3,635,701 shares during the quarter. Laurel Wealth Advisors LLC owned about 0.05% of Invesco RAFI US 1000 ETF worth $4,280,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. Financial Consulate Inc. purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth about $57,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Invesco RAFI US 1000 ETF during the third quarter valued at about $57,000. Archer Investment Corp bought a new position in Invesco RAFI US 1000 ETF during the second quarter worth about $100,000. Franklin Resources Inc. bought a new position in Invesco RAFI US 1000 ETF during the second quarter worth about $101,000. Finally, GHP Investment Advisors Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 28.3% in the second quarter. GHP Investment Advisors Inc. now owns 2,438 shares of the company’s stock worth $103,000 after purchasing an additional 538 shares in the last quarter.
Invesco RAFI US 1000 ETF Stock Down 0.1%
NYSEARCA PRF opened at $49.71 on Monday. The firm has a market cap of $9.06 billion, a P/E ratio of 17.96 and a beta of 0.92. The company’s 50 day moving average is $48.66 and its 200-day moving average is $46.54. Invesco RAFI US 1000 ETF has a 12-month low of $34.98 and a 12-month high of $50.31.
Invesco 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.
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