Stratos Wealth Partners LTD. Grows Stake in Invesco RAFI US 1000 ETF $PRF

Stratos Wealth Partners LTD. lifted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 43.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,905 shares of the company’s stock after purchasing an additional 11,392 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco RAFI US 1000 ETF were worth $1,779,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Investment Research & Advisory Group Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF by 570.2% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after acquiring an additional 747 shares during the last quarter. Sheets Smith Wealth Management boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.1% in the fourth quarter. Sheets Smith Wealth Management now owns 44,854 shares of the company’s stock worth $2,105,000 after acquiring an additional 491 shares during the last quarter. Capital Advisors Inc. OK acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter worth approximately $215,000. Lodestone Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter worth approximately $34,000. Finally, Brookstone Capital Management boosted its stake in shares of Invesco RAFI US 1000 ETF by 8.2% in the fourth quarter. Brookstone Capital Management now owns 7,541 shares of the company’s stock worth $354,000 after acquiring an additional 573 shares during the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of NYSEARCA:PRF opened at $48.15 on Wednesday. The business’s 50 day moving average price is $48.66 and its 200-day moving average price is $47.23. The firm has a market capitalization of $8.86 billion, a PE ratio of 17.96 and a beta of 0.90. Invesco RAFI US 1000 ETF has a 1 year low of $35.21 and a 1 year high of $50.31.

Invesco 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.