Laurel Wealth Advisors LLC Makes New $5.51 Million Investment in Invesco RAFI US 1000 ETF $PRF

Laurel Wealth Advisors LLC acquired a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 101,312 shares of the company’s stock, valued at approximately $5,514,000.

A number of other hedge funds have also bought and sold shares of PRF. Sigma Investment Counselors Inc. bought a new stake in Invesco RAFI US 1000 ETF during the third quarter valued at $3,296,000. Armor Investment Advisors LLC acquired a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter worth about $259,000. Latitude Advisors LLC acquired a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter worth about $51,000. Oakworth Capital Inc. acquired a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter worth about $205,000. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter worth about $1,020,000.

Invesco RAFI US 1000 ETF Trading Up 0.2%

PRF stock opened at $56.33 on Thursday. The stock has a 50-day moving average price of $55.72 and a 200-day moving average price of $52.53. Invesco RAFI US 1000 ETF has a 1-year low of $44.47 and a 1-year high of $56.65. The firm has a market cap of $10.13 billion, a PE ratio of 17.96 and a beta of 0.88.

Invesco RAFI US 1000 ETF Company 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.