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

Arkadios Wealth Advisors decreased its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 6.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,205 shares of the company’s stock after selling 2,815 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,662,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter valued at approximately $27,000. Bristlecone Advisors LLC purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter valued at approximately $45,000. Coston McIsaac & Partners boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 31.1% in the third quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock valued at $59,000 after purchasing an additional 350 shares during the period. Toronto Dominion Bank acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the second quarter valued at approximately $59,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $90,000.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.7 %

Shares of NYSEARCA:PRF opened at $41.58 on Friday. The firm’s 50 day moving average price is $41.45 and its 200 day moving average price is $40.34. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $34.52 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.