Arbor Investment Advisors LLC Has $95.15 Million Stake in Invesco RAFI US 1000 ETF $PRF

Arbor Investment Advisors LLC cut its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,027,880 shares of the company’s stock after selling 31,083 shares during the quarter. Invesco RAFI US 1000 ETF comprises approximately 12.5% of Arbor Investment Advisors LLC’s holdings, making the stock its 2nd largest holding. Arbor Investment Advisors LLC owned approximately 1.11% of Invesco RAFI US 1000 ETF worth $95,148,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE increased its stake in Invesco RAFI US 1000 ETF by 1.6% in the second quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after purchasing an additional 184,757 shares during the period. Ameriprise Financial Inc. increased its stake in Invesco RAFI US 1000 ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after purchasing an additional 332,315 shares during the period. Commonwealth Equity Services LLC increased its stake in Invesco RAFI US 1000 ETF by 1.9% in the third quarter. Commonwealth Equity Services LLC now owns 2,863,825 shares of the company’s stock worth $129,474,000 after purchasing an additional 53,182 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Invesco RAFI US 1000 ETF by 0.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,715,950 shares of the company’s stock worth $123,304,000 after purchasing an additional 25,268 shares during the period. Finally, Linscomb Wealth Inc. increased its stake in Invesco RAFI US 1000 ETF by 2.1% in the third quarter. Linscomb Wealth Inc. now owns 2,124,133 shares of the company’s stock worth $96,032,000 after purchasing an additional 43,451 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

PRF stock opened at $49.18 on Monday. The business’s fifty day simple moving average is $48.69 and its two-hundred day simple moving average is $47.32. Invesco RAFI US 1000 ETF has a twelve month low of $36.63 and a twelve month high of $50.31. The firm has a market cap of $9.05 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88.

Invesco 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.