HighTower Advisors LLC Has $22.96 Million Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

HighTower Advisors LLC boosted its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 14.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 569,145 shares of the company’s stock after purchasing an additional 72,446 shares during the period. HighTower Advisors LLC owned 0.31% of Invesco FTSE RAFI US 1000 ETF worth $22,959,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at about $27,000. Smartleaf Asset Management LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $34,000. Noble Wealth Management PBC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $43,000. Decker Retirement Planning Inc. bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $90,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 4th quarter valued at about $111,000.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of Invesco FTSE RAFI US 1000 ETF stock opened at $40.12 on Friday. Invesco FTSE RAFI US 1000 ETF has a one year low of $36.36 and a one year high of $43.01. The stock’s 50-day moving average is $41.46 and its 200 day moving average is $41.11. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 17.95 and a beta of 0.99.

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.