AE Wealth Management LLC Sells 1,097 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

AE Wealth Management LLC lowered its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 16.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,626 shares of the company’s stock after selling 1,097 shares during the quarter. AE Wealth Management LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Cetera Advisor Networks LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 4.9% during the fourth quarter. Cetera Advisor Networks LLC now owns 449,578 shares of the company’s stock worth $15,825,000 after purchasing an additional 20,998 shares during the period. Pinnacle Financial Group LLC IL raised its holdings in Invesco FTSE RAFI US 1000 ETF by 3.6% in the 4th quarter. Pinnacle Financial Group LLC IL now owns 743,903 shares of the company’s stock worth $26,185,000 after acquiring an additional 25,881 shares during the period. First Long Island Investors LLC bought a new position in Invesco FTSE RAFI US 1000 ETF in the 1st quarter worth $212,000. SageView Advisory Group LLC lifted its position in Invesco FTSE RAFI US 1000 ETF by 94.2% during the 4th quarter. SageView Advisory Group LLC now owns 91,424 shares of the company’s stock worth $3,287,000 after acquiring an additional 44,348 shares during the last quarter. Finally, Brookstone Capital Management bought a new stake in Invesco FTSE RAFI US 1000 ETF during the first quarter valued at about $201,000.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF opened at $40.50 on Friday. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $30.29 and a 52-week high of $40.72. The company has a market cap of $7.47 billion, a P/E ratio of 3.61 and a beta of 0.85. The stock’s 50-day moving average is $39.36 and its 200-day moving average is $38.39.

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.