Grimes & Company Inc. Has $32.98 Million Stock Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Grimes & Company Inc. lessened its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 857,350 shares of the company’s stock after selling 10,795 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises 1.0% of Grimes & Company Inc.’s investment portfolio, making the stock its 19th biggest holding. Grimes & Company Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $32,982,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cetera Advisor Networks LLC grew its stake in shares of Invesco FTSE RAFI US 1000 ETF by 4.9% in the 4th quarter. Cetera Advisor Networks LLC now owns 449,578 shares of the company’s stock worth $15,825,000 after acquiring an additional 20,998 shares in the last quarter. Gratus Capital LLC lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 2.9% during the 4th quarter. Gratus Capital LLC now owns 17,655 shares of the company’s stock worth $621,000 after buying an additional 495 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 12.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,668 shares of the company’s stock valued at $94,000 after acquiring an additional 300 shares in the last quarter. Pinnacle Financial Group LLC IL increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 3.6% during the fourth quarter. Pinnacle Financial Group LLC IL now owns 743,903 shares of the company’s stock valued at $26,185,000 after acquiring an additional 25,881 shares during the last quarter. Finally, Wade G W & Inc. lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 9.0% during the fourth quarter. Wade G W & Inc. now owns 73,305 shares of the company’s stock worth $2,580,000 after acquiring an additional 6,035 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF traded up $0.04 during trading on Friday, reaching $37.95. The company’s stock had a trading volume of 304,535 shares, compared to its average volume of 461,300. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 12 month low of $30.29 and a 12 month high of $38.62. The firm has a 50 day moving average of $37.81 and a 200-day moving average of $36.81.

About Invesco FTSE RAFI US 1000 ETF

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.