Avantax Advisory Services Inc. Has $8.40 Million Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Avantax Advisory Services Inc. boosted its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 0.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 218,327 shares of the company’s stock after purchasing an additional 570 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $8,399,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. US Bancorp DE raised its holdings in Invesco FTSE RAFI US 1000 ETF by 8.6% during the first quarter. US Bancorp DE now owns 56,649 shares of the company’s stock valued at $2,179,000 after buying an additional 4,465 shares in the last quarter. First Long Island Investors LLC bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 1st quarter valued at approximately $212,000. RIA Advisory Group LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF during the first quarter worth approximately $536,000. Choreo LLC raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 5.4% in the first quarter. Choreo LLC now owns 22,090 shares of the company’s stock valued at $850,000 after purchasing an additional 1,130 shares during the period. Finally, Palisade Asset Management LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 1st quarter worth $86,000.

Invesco FTSE RAFI US 1000 ETF Price Performance

NYSEARCA:PRF traded up $0.02 during midday trading on Wednesday, reaching $39.68. The stock had a trading volume of 264,941 shares, compared to its average volume of 440,052. The stock has a market capitalization of $7.32 billion, a P/E ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $30.29 and a 1-year high of $39.78. The firm’s fifty day simple moving average is $38.10 and its 200-day simple moving average is $37.14.

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.