Forvis Mazars Wealth Advisors LLC Trims Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Forvis Mazars Wealth Advisors LLC decreased its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 550,193 shares of the company’s stock after selling 8,036 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $22,195,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its position in Invesco FTSE RAFI US 1000 ETF by 11.1% during the third quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock worth $1,577,000 after buying an additional 3,880 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in Invesco FTSE RAFI US 1000 ETF in the third quarter valued at $27,000. Brookstone Capital Management raised its position in Invesco FTSE RAFI US 1000 ETF by 14.5% in the fourth quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $252,000 after purchasing an additional 793 shares during the period. Sequoia Financial Advisors LLC raised its position in Invesco FTSE RAFI US 1000 ETF by 6.6% in the third quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock valued at $1,281,000 after purchasing an additional 1,954 shares during the period. Finally, FMR LLC raised its position in Invesco FTSE RAFI US 1000 ETF by 6.1% in the third quarter. FMR LLC now owns 128,370 shares of the company’s stock valued at $5,216,000 after purchasing an additional 7,384 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Down 1.3 %

NYSEARCA:PRF opened at $41.81 on Friday. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $36.36 and a 52 week high of $43.01. The company has a market capitalization of $7.67 billion, a P/E ratio of 18.98 and a beta of 1.00. The stock’s fifty day moving average is $41.38 and its two-hundred day moving average is $40.92.

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.