Bouvel Investment Partners LLC Buys New Stake in Invesco RAFI US 1000 ETF $PRF

Bouvel Investment Partners LLC purchased a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 176,416 shares of the company’s stock, valued at approximately $9,602,000. Invesco RAFI US 1000 ETF makes up about 2.3% of Bouvel Investment Partners LLC’s holdings, making the stock its 14th biggest position. Bouvel Investment Partners LLC owned approximately 0.10% of Invesco RAFI US 1000 ETF at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of PRF. Bank of America Corp DE raised its stake in Invesco RAFI US 1000 ETF by 0.8% during the first quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock worth $527,719,000 after acquiring an additional 92,636 shares in the last quarter. Mariner LLC boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.8% in the 4th quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock valued at $147,117,000 after purchasing an additional 54,954 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of Invesco RAFI US 1000 ETF by 2.6% in the 1st quarter. D.A. Davidson & CO. now owns 2,109,275 shares of the company’s stock valued at $100,254,000 after purchasing an additional 53,433 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Invesco RAFI US 1000 ETF by 367.4% in the 4th quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock worth $80,419,000 after purchasing an additional 1,347,696 shares during the last quarter. Finally, Berman McAleer LLC grew its holdings in shares of Invesco RAFI US 1000 ETF by 0.4% in the 1st quarter. Berman McAleer LLC now owns 1,571,539 shares of the company’s stock worth $74,695,000 after purchasing an additional 6,236 shares during the last quarter.

Invesco RAFI US 1000 ETF Trading Up 0.2%

Shares of Invesco RAFI US 1000 ETF stock traded up $0.09 during mid-day trading on Tuesday, reaching $55.84. 257,885 shares of the stock were exchanged, compared to its average volume of 442,911. The company has a market cap of $10.05 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. The firm has a 50-day simple moving average of $55.72 and a 200 day simple moving average of $53.58. Invesco RAFI US 1000 ETF has a fifty-two week low of $44.30 and a fifty-two week high of $56.65.

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.