M Holdings Securities Inc. Boosts Holdings in Invesco RAFI US 1000 ETF $PRF

M Holdings Securities Inc. grew its holdings in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 31.5% in the second quarter, HoldingsChannel reports. The fund owned 50,720 shares of the company’s stock after purchasing an additional 12,150 shares during the quarter. M Holdings Securities Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $2,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. UMB Bank n.a. raised its stake in shares of Invesco RAFI US 1000 ETF by 34.5% in the second quarter. UMB Bank n.a. now owns 1,002 shares of the company’s stock worth $42,000 after buying an additional 257 shares during the period. Rollins Financial Advisors LLC lifted its holdings in Invesco RAFI US 1000 ETF by 0.3% during the first quarter. Rollins Financial Advisors LLC now owns 86,473 shares of the company’s stock valued at $3,494,000 after purchasing an additional 258 shares in the last quarter. Summit Financial Strategies Inc. lifted its holdings in Invesco RAFI US 1000 ETF by 3.2% during the first quarter. Summit Financial Strategies Inc. now owns 9,536 shares of the company’s stock valued at $385,000 after purchasing an additional 297 shares in the last quarter. AE Wealth Management LLC boosted its position in shares of Invesco RAFI US 1000 ETF by 5.9% in the second quarter. AE Wealth Management LLC now owns 5,326 shares of the company’s stock worth $225,000 after purchasing an additional 299 shares during the period. Finally, Sovereign Financial Group Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 1.4% in the second quarter. Sovereign Financial Group Inc. now owns 21,275 shares of the company’s stock worth $899,000 after purchasing an additional 303 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF stock opened at $46.94 on Friday. Invesco RAFI US 1000 ETF has a one year low of $34.98 and a one year high of $47.05. The company’s fifty day moving average price is $45.63 and its 200-day moving average price is $43.78. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92.

About Invesco 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.