Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Sets New 52-Week High – Here’s Why

Invesco RAFI US 1000 ETF (NYSEARCA:PRFGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $48.94 and last traded at $48.87, with a volume of 78991 shares traded. The stock had previously closed at $48.61.

Invesco RAFI US 1000 ETF Price Performance

The business has a 50 day moving average price of $47.18 and a 200 day moving average price of $45.35. The stock has a market capitalization of $8.84 billion, a PE ratio of 17.96 and a beta of 0.92.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Lodestone Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF during the 4th quarter valued at $34,000. JPL Wealth Management LLC bought a new position in shares of Invesco RAFI US 1000 ETF during the third quarter valued at $35,000. Russell Investments Group Ltd. boosted its position in shares of Invesco RAFI US 1000 ETF by 114.1% during the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after buying an additional 445 shares during the last quarter. Investment Research & Advisory Group Inc. increased its holdings in Invesco RAFI US 1000 ETF by 570.2% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after buying an additional 747 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in Invesco RAFI US 1000 ETF by 34.5% during the 2nd quarter. UMB Bank n.a. now owns 1,002 shares of the company’s stock valued at $42,000 after acquiring an additional 257 shares during the period.

Invesco RAFI US 1000 ETF Company Profile

(Get Free Report)

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.

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