Wells Fargo & Company MN boosted its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 12.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,982,386 shares of the company’s stock after purchasing an additional 226,601 shares during the quarter. Wells Fargo & Company MN’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $79,969,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 3.1% in the fourth quarter. Atlas Capital Advisors Inc. now owns 8,436 shares of the company’s stock worth $340,000 after acquiring an additional 250 shares in the last quarter. World Investment Advisors increased its holdings in Invesco FTSE RAFI US 1000 ETF by 5.4% in the 4th quarter. World Investment Advisors now owns 284,400 shares of the company’s stock valued at $11,473,000 after purchasing an additional 14,557 shares in the last quarter. AssuredPartners Investment Advisors LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at $401,000. JPMorgan Chase & Co. raised its position in Invesco FTSE RAFI US 1000 ETF by 16.9% in the fourth quarter. JPMorgan Chase & Co. now owns 565,016 shares of the company’s stock valued at $22,793,000 after purchasing an additional 81,863 shares during the period. Finally, Financial Engines Advisors L.L.C. lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 25.1% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 6,307 shares of the company’s stock worth $254,000 after purchasing an additional 1,265 shares in the last quarter.
Invesco FTSE RAFI US 1000 ETF Stock Performance
PRF stock opened at $36.29 on Tuesday. The firm has a market cap of $6.71 billion, a P/E ratio of 18.00 and a beta of 0.99. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $34.98 and a 1 year high of $43.01. The stock has a 50-day simple moving average of $41.05 and a 200-day simple moving average of $41.15.
Invesco FTSE RAFI US 1000 ETF Announces Dividend
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.
Further Reading
- Five stocks we like better than Invesco FTSE RAFI US 1000 ETF
- Breakout Stocks: What They Are and How to Identify Them
- Options Activity Points to More Volatility for Palantir Stock
- What Does Downgrade Mean in Investing?
- NVIDIA Stock: Oversold, Undervalued — How Low Can It Go?
- What Investors Need to Know to Beat the Market
- MicroStrategy Sees Insider Buy-Sell Action in Q1
Want to see what other hedge funds are holding PRF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report).
Receive News & Ratings for Invesco FTSE RAFI US 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco FTSE RAFI US 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.