Northwestern Mutual Wealth Management Co. Has $71.17 Million Stock Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 1.3% in the second quarter, HoldingsChannel reports. The firm owned 1,875,442 shares of the company’s stock after buying an additional 23,345 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $71,173,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fortis Group Advisors LLC grew its holdings in Invesco FTSE RAFI US 1000 ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock worth $25,000 after purchasing an additional 360 shares during the period. Clearstead Trust LLC bought a new position in Invesco FTSE RAFI US 1000 ETF during the first quarter worth about $25,000. Strategic Financial Concepts LLC bought a new position in Invesco FTSE RAFI US 1000 ETF during the second quarter worth about $26,000. Ashton Thomas Private Wealth LLC bought a new position in Invesco FTSE RAFI US 1000 ETF during the second quarter worth about $26,000. Finally, Financial Synergies Wealth Advisors Inc. grew its holdings in Invesco FTSE RAFI US 1000 ETF by 510.7% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock worth $35,000 after purchasing an additional 761 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.4 %

Shares of NYSEARCA:PRF opened at $40.50 on Monday. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $30.29 and a 12-month high of $40.72. The stock has a market cap of $7.47 billion, a PE ratio of 3.61 and a beta of 0.85. The business has a 50 day moving average of $39.36 and a 200-day moving average of $38.40.

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.