M Holdings Securities Inc. Purchases 12,150 Shares of Invesco RAFI US 1000 ETF $PRF

M Holdings Securities Inc. lifted its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 31.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,720 shares of the company’s stock after purchasing an additional 12,150 shares during the quarter. M Holdings Securities Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $2,141,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. WPG Advisers LLC bought a new position in shares of Invesco RAFI US 1000 ETF during the first quarter valued at about $42,000. UMB Bank n.a. lifted its stake in shares of Invesco RAFI US 1000 ETF by 34.5% in the 2nd quarter. UMB Bank n.a. now owns 1,002 shares of the company’s stock valued at $42,000 after purchasing an additional 257 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Invesco RAFI US 1000 ETF by 33.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,465 shares of the company’s stock valued at $62,000 after purchasing an additional 368 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the second quarter valued at approximately $76,000. Finally, Archer Investment Corp purchased a new stake in Invesco RAFI US 1000 ETF in the second quarter worth $100,000.

Invesco RAFI US 1000 ETF Trading Down 0.2%

PRF opened at $46.94 on Friday. The company has a market cap of $8.51 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92. The stock has a fifty day simple moving average of $45.63 and a two-hundred day simple moving average of $43.78. Invesco RAFI US 1000 ETF has a 12-month low of $34.98 and a 12-month high of $47.05.

About Invesco 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.