LPL Financial LLC Boosts Stock Position in Invesco RAFI US 1000 ETF $PRF

LPL Financial LLC grew its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 7.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,727,461 shares of the company’s stock after buying an additional 188,790 shares during the quarter. LPL Financial LLC’s holdings in Invesco RAFI US 1000 ETF were worth $127,972,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF in the third quarter valued at approximately $508,000. Farther Finance Advisors LLC increased its position in shares of Invesco RAFI US 1000 ETF by 796.9% in the fourth quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock valued at $1,615,000 after buying an additional 30,584 shares in the last quarter. Charter Capital Management LLC DE increased its position in shares of Invesco RAFI US 1000 ETF by 2.0% in the fourth quarter. Charter Capital Management LLC DE now owns 586,153 shares of the company’s stock valued at $27,502,000 after buying an additional 11,741 shares in the last quarter. Forteris Wealth Management Inc. purchased a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $3,428,000. Finally, Guidance Capital Inc. increased its position in shares of Invesco RAFI US 1000 ETF by 14.2% in the third quarter. Guidance Capital Inc. now owns 90,898 shares of the company’s stock valued at $4,174,000 after buying an additional 11,278 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Invesco RAFI US 1000 ETF stock opened at $52.69 on Thursday. The stock has a market capitalization of $9.70 billion, a PE ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 12 month low of $40.88 and a 12 month high of $54.12. The business has a 50 day simple moving average of $51.47 and a 200-day simple moving average of $49.27.

Invesco 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.