Laurel Wealth Advisors LLC Increases Stock Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Laurel Wealth Advisors LLC grew its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,063 shares of the company’s stock after buying an additional 3,016 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $3,381,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in PRF. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 399.4% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 25,057,824 shares of the company’s stock valued at $797,340,000 after acquiring an additional 20,039,924 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 377.4% during the third quarter. Ameriprise Financial Inc. now owns 7,147,370 shares of the company’s stock valued at $228,569,000 after acquiring an additional 5,650,198 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 393.9% during the third quarter. PNC Financial Services Group Inc. now owns 5,554,541 shares of the company’s stock valued at $176,746,000 after acquiring an additional 4,429,941 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 369.2% during the third quarter. Invesco Ltd. now owns 5,621,791 shares of the company’s stock valued at $178,885,000 after acquiring an additional 4,423,626 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 397.0% during the third quarter. Envestnet Asset Management Inc. now owns 5,174,118 shares of the company’s stock valued at $164,640,000 after acquiring an additional 4,133,089 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.2 %

Shares of PRF traded up $0.07 during trading hours on Friday, reaching $37.20. 523,718 shares of the company traded hands, compared to its average volume of 488,545. The stock has a market capitalization of $6.89 billion, a PE ratio of 3.49 and a beta of 0.89. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $30.29 and a fifty-two week high of $38.55. The stock has a fifty day simple moving average of $37.29 and a 200 day simple moving average of $35.05.

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.