Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 0.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,640,608 shares of the company’s stock after selling 11,001 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 1.46% of Invesco FTSE RAFI US 1000 ETF worth $101,584,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the first quarter valued at $201,000. Sound Income Strategies LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 87.1% in the 1st quarter. Sound Income Strategies LLC now owns 3,013 shares of the company’s stock worth $116,000 after acquiring an additional 1,403 shares in the last quarter. Financial Synergies Wealth Advisors Inc. boosted its position in Invesco FTSE RAFI US 1000 ETF by 510.7% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock worth $35,000 after acquiring an additional 761 shares during the period. Paragon Capital Management Ltd acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 1st quarter worth about $371,000. Finally, RFG Advisory LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 3.8% during the 1st quarter. RFG Advisory LLC now owns 5,424,976 shares of the company’s stock valued at $208,699,000 after acquiring an additional 199,053 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA PRF traded up $0.01 during mid-day trading on Thursday, reaching $37.91. The company had a trading volume of 293,398 shares, compared to its average volume of 462,576. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. The stock has a fifty day moving average of $37.76 and a two-hundred day moving average of $36.78. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $30.29 and a 12-month high of $38.62.

About Invesco FTSE RAFI US 1000 ETF

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.