Cornerstone Wealth Management LLC Raises Stock Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Cornerstone Wealth Management LLC raised its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,660 shares of the company’s stock after acquiring an additional 20,494 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $9,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Stifel Financial Corp increased its position in shares of 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 last quarter. BNP Paribas Financial Markets bought a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at $27,000. Brookstone Capital Management grew its position in Invesco FTSE RAFI US 1000 ETF by 14.5% in the 4th quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $252,000 after acquiring an additional 793 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Invesco FTSE RAFI US 1000 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock valued at $1,281,000 after acquiring an additional 1,954 shares during the last quarter. Finally, FMR LLC grew its position in Invesco FTSE RAFI US 1000 ETF by 6.1% in 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 during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.6 %

Shares of Invesco FTSE RAFI US 1000 ETF stock opened at $42.12 on Friday. The stock’s fifty day moving average is $41.44 and its two-hundred day moving average is $40.43. The company has a market capitalization of $7.77 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $35.31 and a 52 week high of $43.01.

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.