Charles Schwab Investment Advisory Inc. Raises Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Charles Schwab Investment Advisory Inc. raised its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 25,352,461 shares of the company’s stock after purchasing an additional 294,637 shares during the period. Invesco FTSE RAFI US 1000 ETF accounts for approximately 1.3% of Charles Schwab Investment Advisory Inc.’s portfolio, making the stock its 19th biggest holding. Charles Schwab Investment Advisory Inc. owned approximately 0.14% of Invesco FTSE RAFI US 1000 ETF worth $892,407,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthspan Partners LLC boosted its stake in Invesco FTSE RAFI US 1000 ETF by 377.8% during the third quarter. Wealthspan Partners LLC now owns 30,200 shares of the company’s stock worth $961,000 after buying an additional 23,880 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC grew its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 389.2% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 329,674 shares of the company’s stock valued at $10,490,000 after purchasing an additional 262,283 shares during the period. Three Bridge Wealth Advisors LLC increased its position in Invesco FTSE RAFI US 1000 ETF by 410.9% during the third quarter. Three Bridge Wealth Advisors LLC now owns 60,624 shares of the company’s stock worth $1,929,000 after purchasing an additional 48,758 shares during the last quarter. Larson Financial Group LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 458.1% during the third quarter. Larson Financial Group LLC now owns 15,476 shares of the company’s stock worth $492,000 after purchasing an additional 12,703 shares during the period. Finally, Compass Financial Group Inc. boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 402.1% in the 3rd quarter. Compass Financial Group Inc. now owns 304,835 shares of the company’s stock valued at $9,700,000 after purchasing an additional 244,127 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of PRF stock traded up $0.03 during trading on Wednesday, hitting $37.64. 169,980 shares of the stock traded hands, compared to its average volume of 485,099. The firm has a market capitalization of $6.97 billion, a P/E ratio of 3.49 and a beta of 0.89. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $30.29 and a 52-week high of $38.55. The firm’s fifty day moving average price is $37.41 and its 200-day moving average price is $35.40.

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.