Invesco RAFI US 1000 ETF $PRF Shares Purchased by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC raised its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.9% during the second quarter, HoldingsChannel reports. The firm owned 344,750 shares of the company’s stock after purchasing an additional 12,810 shares during the period. Invesco RAFI US 1000 ETF comprises 6.1% of Montz Harcus Wealth Management LLC’s holdings, making the stock its 4th biggest position. Montz Harcus Wealth Management LLC’s holdings in Invesco RAFI US 1000 ETF were worth $18,627,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PRF. Revolve Wealth Partners LLC acquired a new position in shares of Invesco RAFI US 1000 ETF during the 4th quarter worth approximately $469,000. AQR Capital Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the first quarter valued at approximately $1,316,000. Goldman Sachs Group Inc. purchased a new position in Invesco RAFI US 1000 ETF during the first quarter worth approximately $911,000. Franklin Resources Inc. purchased a new position in Invesco RAFI US 1000 ETF during the second quarter worth approximately $101,000. Finally, Qube Research & Technologies Ltd boosted its stake in Invesco RAFI US 1000 ETF by 237,600.0% during the second quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock worth $502,000 after buying an additional 11,880 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA PRF opened at $56.54 on Friday. The stock’s fifty day moving average is $55.18 and its two-hundred day moving average is $52.31. The firm has a market capitalization of $10.11 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a fifty-two week low of $44.11 and a fifty-two week high of $56.65.

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.