M Holdings Securities Inc. Sells 37,014 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

M Holdings Securities Inc. reduced its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 96.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,556 shares of the company’s stock after selling 37,014 shares during the quarter. M Holdings Securities Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $63,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in PRF. Stifel Financial Corp increased its position in Invesco FTSE RAFI US 1000 ETF by 11.1% during the 3rd quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock valued at $1,577,000 after purchasing an additional 3,880 shares during the period. BNP Paribas Financial Markets purchased a new position in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at approximately $27,000. Brookstone Capital Management raised its stake in Invesco FTSE RAFI US 1000 ETF by 14.5% in the fourth quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock worth $252,000 after buying an additional 793 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth $205,000. Finally, FMR LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 6.1% during the 3rd quarter. FMR LLC now owns 128,370 shares of the company’s stock valued at $5,216,000 after acquiring an additional 7,384 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Trading Down 0.3 %

PRF opened at $40.50 on Friday. The firm has a market cap of $7.46 billion, a price-to-earnings ratio of 17.95 and a beta of 0.99. Invesco FTSE RAFI US 1000 ETF has a 12 month low of $36.36 and a 12 month high of $43.01. The stock has a fifty day moving average price of $41.46 and a 200-day moving average price of $41.14.

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.