Cornerstone Wealth Management LLC Raises Stock Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Cornerstone Wealth Management LLC grew its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 214,166 shares of the company’s stock after acquiring an additional 9,879 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $8,702,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in PRF. Rothschild Investment LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the 2nd quarter valued at approximately $21,983,000. Cetera Investment Advisers grew its position in Invesco FTSE RAFI US 1000 ETF by 337.7% in the 1st quarter. Cetera Investment Advisers now owns 622,795 shares of the company’s stock valued at $23,959,000 after acquiring an additional 480,518 shares during the last quarter. Ted Buchan & Co bought a new stake in Invesco FTSE RAFI US 1000 ETF during the 2nd quarter valued at about $13,102,000. Kestra Advisory Services LLC boosted its holdings in shares of 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 purchasing an additional 294,193 shares during the period. Finally, RFG Advisory LLC increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3.8% during the first quarter. RFG Advisory LLC now owns 5,424,976 shares of the company’s stock valued at $208,699,000 after buying an additional 199,053 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.7 %

Invesco FTSE RAFI US 1000 ETF stock opened at $41.33 on Thursday. Invesco FTSE RAFI US 1000 ETF has a twelve month low of $30.29 and a twelve month high of $41.38. The business has a fifty day moving average of $39.87 and a two-hundred day moving average of $38.65. The firm has a market cap of $7.62 billion, a P/E ratio of 3.61 and a beta of 0.85.

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.