Farmers & Merchants Investments Inc. Raises Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Farmers & Merchants Investments Inc. increased its stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 84.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 24,066 shares of the company’s stock after purchasing an additional 11,026 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $978,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. GPS Wealth Strategies Group LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 9.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 3,580 shares of the company’s stock valued at $136,000 after buying an additional 297 shares in the last quarter. OMNI 360 Wealth Inc. raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 0.8% during the 2nd quarter. OMNI 360 Wealth Inc. now owns 36,670 shares of the company’s stock valued at $1,392,000 after acquiring an additional 300 shares in the last quarter. CWM LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 1.3% during the second quarter. CWM LLC now owns 24,370 shares of the company’s stock worth $925,000 after purchasing an additional 321 shares during the last quarter. Wealthspire Advisors LLC lifted its stake in Invesco FTSE RAFI US 1000 ETF by 4.4% during the second quarter. Wealthspire Advisors LLC now owns 7,719 shares of the company’s stock worth $293,000 after purchasing an additional 323 shares during the last quarter. Finally, Coston McIsaac & Partners boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 31.1% in the third quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after purchasing an additional 350 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Invesco FTSE RAFI US 1000 ETF stock opened at $40.64 on Wednesday. Invesco FTSE RAFI US 1000 ETF has a 1 year low of $30.50 and a 1 year high of $41.42. The firm’s 50-day moving average is $40.27 and its 200-day moving average is $38.85. The company has a market cap of $7.49 billion, a P/E ratio of 3.61 and a beta of 0.85.

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.