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

Arbor Investment Advisors LLC cut its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,193,879 shares of the company’s stock after selling 32,101 shares during the quarter. Invesco FTSE RAFI US 1000 ETF makes up about 12.4% of Arbor Investment Advisors LLC’s holdings, making the stock its 2nd largest holding. Arbor Investment Advisors LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $88,501,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Trinity Legacy Partners LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 3.6% in the fourth quarter. Trinity Legacy Partners LLC now owns 200,422 shares of the company’s stock valued at $8,085,000 after buying an additional 6,949 shares during the last quarter. Ieq Capital LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 0.3% in the fourth quarter. Ieq Capital LLC now owns 211,670 shares of the company’s stock valued at $8,539,000 after buying an additional 670 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in Invesco FTSE RAFI US 1000 ETF by 198.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 27,428 shares of the company’s stock valued at $1,106,000 after buying an additional 18,241 shares during the last quarter. D.A. Davidson & CO. raised its stake in Invesco FTSE RAFI US 1000 ETF by 3.1% in the fourth quarter. D.A. Davidson & CO. now owns 1,721,639 shares of the company’s stock valued at $69,451,000 after buying an additional 52,265 shares during the last quarter. Finally, Empower Advisory Group LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 3.3% in the fourth quarter. Empower Advisory Group LLC now owns 15,616 shares of the company’s stock valued at $630,000 after buying an additional 495 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Shares of PRF stock opened at $41.81 on Friday. The stock’s 50-day simple moving average is $41.38 and its 200-day simple moving average is $40.92. The firm has a market capitalization of $7.67 billion, a PE ratio of 18.98 and a beta of 1.00. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $36.36 and a fifty-two week high of $43.01.

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.