Janney Montgomery Scott LLC Increases Position in Invesco RAFI US 1000 ETF $PRF

Janney Montgomery Scott LLC increased its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 12.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 138,282 shares of the company’s stock after purchasing an additional 14,882 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco RAFI US 1000 ETF were worth $6,573,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can grew its holdings in Invesco RAFI US 1000 ETF by 1.3% in the fourth quarter. Bank of Montreal Can now owns 17,987 shares of the company’s stock valued at $844,000 after purchasing an additional 231 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of Invesco RAFI US 1000 ETF by 3.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 8,380 shares of the company’s stock worth $393,000 after buying an additional 299 shares during the period. MCF Advisors LLC lifted its position in shares of Invesco RAFI US 1000 ETF by 74.6% during the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after buying an additional 300 shares in the last quarter. Insigneo Advisory Services LLC lifted its position in shares of Invesco RAFI US 1000 ETF by 5.2% during the 3rd quarter. Insigneo Advisory Services LLC now owns 6,718 shares of the company’s stock valued at $304,000 after buying an additional 333 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Invesco RAFI US 1000 ETF by 1.1% in the 4th quarter. NewEdge Advisors LLC now owns 32,224 shares of the company’s stock valued at $1,512,000 after acquiring an additional 342 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA PRF opened at $54.26 on Friday. The firm has a fifty day moving average of $53.05 and a 200 day moving average of $50.11. The firm has a market cap of $9.72 billion, a PE ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a one year low of $41.83 and a one year high of $54.65.

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.