Johnson & White Wealth Management LLC Grows Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Johnson & White Wealth Management LLC lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,094 shares of the company’s stock after purchasing an additional 7,507 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises 2.8% of Johnson & White Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Johnson & White Wealth Management LLC owned about 0.06% of Invesco FTSE RAFI US 1000 ETF worth $4,592,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of PRF. Marion Wealth Management boosted its position in Invesco FTSE RAFI US 1000 ETF by 0.8% during the fourth quarter. Marion Wealth Management now owns 159,366 shares of the company’s stock worth $6,429,000 after acquiring an additional 1,316 shares during the last quarter. Kieckhefer Group LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth about $111,000. Capital Investment Advisors LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 5.6% during the fourth quarter. Capital Investment Advisors LLC now owns 8,063 shares of the company’s stock worth $325,000 after acquiring an additional 426 shares during the last quarter. Brookstone Capital Management boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 14.5% in the 4th quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $252,000 after purchasing an additional 793 shares during the last quarter. Finally, Boulder Wealth Advisors LLC boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 3.7% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 365,805 shares of the company’s stock valued at $14,863,000 after purchasing an additional 12,899 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

NYSEARCA:PRF opened at $40.26 on Tuesday. The firm has a market capitalization of $7.42 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. The company’s 50-day moving average is $41.49 and its two-hundred day moving average is $40.25. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $34.49 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.