Burt Wealth Advisors Purchases 4,033 Shares of Invesco RAFI US 1000 ETF $PRF

Burt Wealth Advisors lifted its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 12.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,838 shares of the company’s stock after acquiring an additional 4,033 shares during the quarter. Burt Wealth Advisors’ holdings in Invesco RAFI US 1000 ETF were worth $1,515,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PRF. UMB Bank n.a. bought a new stake in shares of Invesco RAFI US 1000 ETF in the 1st quarter worth about $30,000. Opal Wealth Advisors LLC bought a new stake in Invesco RAFI US 1000 ETF during the 1st quarter valued at about $33,000. Continuum Advisory LLC lifted its holdings in Invesco RAFI US 1000 ETF by 50.1% during the 1st quarter. Continuum Advisory LLC now owns 962 shares of the company’s stock valued at $39,000 after buying an additional 321 shares in the last quarter. WPG Advisers LLC bought a new stake in Invesco RAFI US 1000 ETF during the 1st quarter valued at about $42,000. Finally, North Capital Inc. bought a new stake in Invesco RAFI US 1000 ETF during the 1st quarter valued at about $43,000.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF opened at $44.89 on Wednesday. Invesco RAFI US 1000 ETF has a 1-year low of $34.98 and a 1-year high of $45.08. The company has a 50-day moving average of $43.51 and a 200 day moving average of $41.34. The firm has a market capitalization of $8.20 billion, a price-to-earnings ratio of 17.96 and a beta of 1.00.

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.