Linscomb Wealth Inc. Has $83.69 Million Stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Linscomb Wealth Inc. cut its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,059,856 shares of the company’s stock after selling 32,652 shares during the quarter. Invesco FTSE RAFI US 1000 ETF accounts for about 4.1% of Linscomb Wealth Inc.’s portfolio, making the stock its 6th biggest holding. Linscomb Wealth Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $83,692,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. RFG Advisory LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 7.3% in the third quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock valued at $242,974,000 after purchasing an additional 405,733 shares in the last quarter. LPL Financial LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 1.0% in the second quarter. LPL Financial LLC now owns 2,425,465 shares of the company’s stock valued at $92,046,000 after purchasing an additional 24,056 shares in the last quarter. Arbor Investment Advisors LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 1.2% in the third quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock valued at $90,442,000 after purchasing an additional 26,692 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock valued at $71,173,000 after buying an additional 23,345 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 0.7% in the second quarter. D.A. Davidson & CO. now owns 1,647,660 shares of the company’s stock valued at $62,529,000 after buying an additional 10,853 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Trading Down 0.4 %

Shares of PRF traded down $0.17 during mid-day trading on Friday, reaching $41.62. The company’s stock had a trading volume of 23,185 shares, compared to its average volume of 368,342. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $32.69 and a 1-year high of $42.42. The stock has a market cap of $7.67 billion, a P/E ratio of 3.61 and a beta of 0.85. The business has a 50-day simple moving average of $40.63 and a two-hundred day simple moving average of $39.20.

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.