Wealthfront Advisers LLC Decreases Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Wealthfront Advisers LLC decreased its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 96.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,801 shares of the company’s stock after selling 45,996 shares during the quarter. Wealthfront Advisers LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $73,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 3.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 8,347 shares of the company’s stock valued at $338,000 after buying an additional 258 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 5.6% in the fourth quarter. Capital Investment Advisors LLC now owns 8,063 shares of the company’s stock valued at $325,000 after buying an additional 426 shares during the last quarter. Sovereign Financial Group Inc. lifted its stake in Invesco FTSE RAFI US 1000 ETF by 2.3% in the fourth quarter. Sovereign Financial Group Inc. now owns 20,997 shares of the company’s stock valued at $847,000 after buying an additional 467 shares during the last quarter. Empower Advisory Group LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 3.3% in the fourth quarter. Empower Advisory Group LLC now owns 15,616 shares of the company’s stock valued at $630,000 after buying an additional 495 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in Invesco FTSE RAFI US 1000 ETF in the third quarter valued at approximately $27,000.

Invesco FTSE RAFI US 1000 ETF Trading Down 0.5 %

Shares of NYSEARCA PRF opened at $40.40 on Wednesday. Invesco FTSE RAFI US 1000 ETF has a twelve month low of $36.36 and a twelve month high of $43.01. The stock has a 50 day moving average of $41.44 and a two-hundred day moving average of $41.14. The stock has a market cap of $7.44 billion, a P/E ratio of 17.95 and a beta of 0.99.

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.