Sequoia Financial Advisors LLC Has $1.09 Million Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Sequoia Financial Advisors LLC boosted its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 9.3% in the first quarter, Holdings Channel reports. The firm owned 28,351 shares of the company’s stock after purchasing an additional 2,413 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,091,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fortis Group Advisors LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock valued at $25,000 after purchasing an additional 360 shares in the last quarter. Blue Trust Inc. raised its stake in Invesco FTSE RAFI US 1000 ETF by 400.0% in the fourth quarter. Blue Trust Inc. now owns 780 shares of the company’s stock valued at $25,000 after purchasing an additional 624 shares in the last quarter. Financial Synergies Wealth Advisors Inc. raised its stake in Invesco FTSE RAFI US 1000 ETF by 510.7% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock valued at $35,000 after purchasing an additional 761 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at about $35,000. Finally, Smithfield Trust Co acquired a new position in Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth about $42,000.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.1 %

NYSEARCA PRF traded up $0.03 during trading on Friday, hitting $38.08. 242,039 shares of the company’s stock were exchanged, compared to its average volume of 452,560. The company has a market cap of $7.02 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $30.29 and a fifty-two week high of $38.62. The stock’s 50 day moving average price is $37.89 and its two-hundred day moving average price is $36.93.

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.