West Coast Financial LLC Cuts Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

West Coast Financial LLC decreased its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,597 shares of the company’s stock after selling 2,201 shares during the period. West Coast Financial LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $589,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PRF. Laurel Wealth Advisors LLC raised its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 5.0% during the 4th quarter. Laurel Wealth Advisors LLC now owns 83,087 shares of the company’s stock valued at $3,352,000 after buying an additional 3,952 shares in the last quarter. Sovereign Financial Group Inc. raised its stake in shares of Invesco FTSE RAFI US 1000 ETF by 2.3% during the fourth quarter. Sovereign Financial Group Inc. now owns 20,997 shares of the company’s stock worth $847,000 after acquiring an additional 467 shares in the last quarter. Breakwater Capital Group raised its stake in shares of Invesco FTSE RAFI US 1000 ETF by 1.4% during the fourth quarter. Breakwater Capital Group now owns 458,038 shares of the company’s stock worth $18,477,000 after acquiring an additional 6,113 shares in the last quarter. Johnson & White Wealth Management LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 7.0% in the 4th quarter. Johnson & White Wealth Management LLC now owns 114,094 shares of the company’s stock worth $4,592,000 after acquiring an additional 7,507 shares during the last quarter. Finally, Marion Wealth Management boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 0.8% in the 4th quarter. Marion Wealth Management now owns 159,366 shares of the company’s stock valued at $6,429,000 after purchasing an additional 1,316 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Up 1.5 %

Shares of NYSEARCA:PRF opened at $41.15 on Thursday. The company’s fifty day moving average is $41.47 and its 200 day moving average is $40.29. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $34.49 and a 52 week high of $43.01. The stock has a market cap of $7.59 billion, a PE ratio of 3.61 and a beta of 0.85.

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.