Arkadios Wealth Advisors Cuts Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Arkadios Wealth Advisors cut its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 28.8% during the third quarter, Holdings Channel reports. The institutional investor owned 44,020 shares of the company’s stock after selling 17,803 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,789,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Rothschild Investment LLC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 2nd quarter worth $21,983,000. Cetera Investment Advisers boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 337.7% during the first quarter. Cetera Investment Advisers now owns 622,795 shares of the company’s stock worth $23,959,000 after buying an additional 480,518 shares in the last quarter. RFG Advisory LLC boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 7.3% during the third quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock worth $242,974,000 after buying an additional 405,733 shares in the last quarter. Ted Buchan & Co acquired a new position in Invesco FTSE RAFI US 1000 ETF during the second quarter worth about $13,102,000. Finally, Kestra Advisory Services LLC increased its holdings in Invesco FTSE RAFI US 1000 ETF by 22.1% in the first quarter. Kestra Advisory Services LLC now owns 1,623,078 shares of the company’s stock valued at $62,440,000 after buying an additional 294,193 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of NYSEARCA:PRF opened at $40.57 on Friday. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. The business’s 50 day simple moving average is $40.21 and its 200-day simple moving average is $38.80. Invesco FTSE RAFI US 1000 ETF has a 12 month low of $30.29 and a 12 month high of $41.42.

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.