Essex Financial Services Inc. Purchases 14,796 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Essex Financial Services Inc. grew its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 9.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 171,699 shares of the company’s stock after purchasing an additional 14,796 shares during the period. Essex Financial Services Inc. owned about 0.09% of Invesco FTSE RAFI US 1000 ETF worth $7,035,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PRF. Rothschild Investment LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF in the 2nd quarter worth approximately $21,983,000. Cetera Investment Advisers raised its stake in shares of Invesco FTSE RAFI US 1000 ETF by 337.7% during the first quarter. Cetera Investment Advisers now owns 622,795 shares of the company’s stock worth $23,959,000 after acquiring an additional 480,518 shares in the last quarter. RFG Advisory LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 7.3% in the 3rd quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock worth $242,974,000 after acquiring an additional 405,733 shares during the last quarter. Ted Buchan & Co purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 2nd quarter valued at $13,102,000. Finally, Kestra Advisory Services LLC boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 22.1% in the 1st quarter. Kestra Advisory Services LLC now owns 1,623,078 shares of the company’s stock valued at $62,440,000 after purchasing an additional 294,193 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Down 0.5 %

Shares of NYSEARCA:PRF opened at $40.57 on Friday. The stock has a market cap of $7.48 billion, a PE ratio of 3.61 and a beta of 0.85. The company’s fifty day moving average is $40.21 and its 200 day moving average is $38.80. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $30.29 and a 52 week high of $41.42.

About Invesco FTSE RAFI US 1000 ETF

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.