Main Street Financial Solutions LLC Reduces Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Main Street Financial Solutions LLC reduced its position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 3.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,459 shares of the company’s stock after selling 705 shares during the period. Main Street Financial Solutions LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $750,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PRF. RFG Advisory LLC lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 7.3% during the 3rd quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock worth $242,974,000 after buying an additional 405,733 shares during the last quarter. LPL Financial LLC boosted its holdings 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 increased 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 during the last quarter. Linscomb Wealth Inc. raised its holdings in Invesco FTSE RAFI US 1000 ETF by 0.6% during the first quarter. Linscomb Wealth Inc. now owns 2,102,481 shares of the company’s stock worth $80,882,000 after purchasing an additional 12,036 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock worth $71,173,000 after buying an additional 23,345 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.2 %

Shares of Invesco FTSE RAFI US 1000 ETF stock opened at $42.04 on Thursday. The company has a fifty day simple moving average of $40.58 and a 200-day simple moving average of $39.18. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $32.45 and a 12-month high of $42.42. The stock has a market cap of $7.75 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85.

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.