Cetera Investment Advisers Purchases 15,157 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Cetera Investment Advisers raised its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.3% during the 4th quarter, Holdings Channel reports. The fund owned 665,845 shares of the company’s stock after purchasing an additional 15,157 shares during the period. Cetera Investment Advisers’ holdings in Invesco FTSE RAFI US 1000 ETF were worth $26,860,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in Invesco FTSE RAFI US 1000 ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 11,078,377 shares of the company’s stock valued at $446,902,000 after purchasing an additional 329,378 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 5.0% in the 4th quarter. Ameriprise Financial Inc. now owns 6,604,163 shares of the company’s stock worth $266,419,000 after buying an additional 317,206 shares during the last quarter. RFG Advisory LLC raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 5.4% during the 4th quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock valued at $254,173,000 after buying an additional 320,593 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 0.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,678,839 shares of the company’s stock valued at $188,744,000 after acquiring an additional 25,893 shares during the last quarter. Finally, Mariner LLC grew its position in Invesco FTSE RAFI US 1000 ETF by 3.4% in the fourth quarter. Mariner LLC now owns 3,131,016 shares of the company’s stock worth $126,305,000 after acquiring an additional 104,179 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of PRF stock opened at $39.75 on Friday. The company has a market cap of $7.51 billion, a PE ratio of 16.98 and a beta of 0.93. The stock’s 50 day simple moving average is $39.20 and its two-hundred day simple moving average is $40.74. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $34.98 and a 1 year 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.