MML Investors Services LLC Has $8.49 Million Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)
by Danessa Lincoln · The Markets DailyMML Investors Services LLC boosted its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 0.7% in the third quarter, HoldingsChannel reports. The firm owned 209,035 shares of the company’s stock after acquiring an additional 1,445 shares during the period. MML Investors Services LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $8,493,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. RFG Advisory LLC raised its stake in shares of Invesco FTSE RAFI US 1000 ETF by 7.3% in the third 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. LPL Financial LLC lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 2.0% during the 3rd quarter. LPL Financial LLC now owns 2,474,028 shares of the company’s stock worth $100,520,000 after buying an additional 48,563 shares in the last quarter. Arbor Investment Advisors LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 1.2% in the 3rd quarter. Arbor Investment Advisors LLC now owns 2,225,980 shares of the company’s stock valued at $90,442,000 after buying an additional 26,692 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock valued at $71,173,000 after buying an additional 23,345 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% during the third quarter. D.A. Davidson & CO. now owns 1,669,374 shares of the company’s stock worth $67,827,000 after acquiring an additional 21,714 shares during the last quarter.
Invesco FTSE RAFI US 1000 ETF Stock Down 0.0 %
Shares of PRF opened at $42.02 on Thursday. The stock’s fifty day simple moving average is $41.51 and its 200-day simple moving average is $39.80. The firm has a market capitalization of $7.75 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $33.90 and a 12-month high of $43.01.
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.
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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).