Linscomb Wealth Inc. Has $83.58 Million Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Linscomb Wealth Inc. grew its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,071,849 shares of the company’s stock after purchasing an additional 11,993 shares during the quarter. Invesco FTSE RAFI US 1000 ETF makes up approximately 4.2% of Linscomb Wealth Inc.’s investment portfolio, making the stock its 5th largest holding. Linscomb Wealth Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $83,578,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PRF. Stifel Financial Corp boosted its stake in Invesco FTSE RAFI US 1000 ETF by 11.1% in the 3rd quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock valued at $1,577,000 after purchasing an additional 3,880 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter worth $27,000. Brookstone Capital Management boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 14.5% in the fourth quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $252,000 after acquiring an additional 793 shares during the period. FMR LLC grew its stake in shares of 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 valued at $5,216,000 after acquiring an additional 7,384 shares in the last quarter. Finally, Reston Wealth Management LLC bought a new position in Invesco FTSE RAFI US 1000 ETF during the third quarter worth about $112,000.

Invesco FTSE RAFI US 1000 ETF Stock Down 0.5 %

NYSEARCA PRF opened at $41.47 on Friday. The firm has a 50-day moving average price of $41.44 and a two-hundred day moving average price of $41.01. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $36.36 and a 12-month high of $43.01. The company has a market capitalization of $7.61 billion, a P/E ratio of 18.98 and a beta of 1.00.

Invesco FTSE RAFI US 1000 ETF Company 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.