Northwestern Mutual Wealth Management Co. Raises Stock Holdings in Invesco RAFI US 1000 ETF $PRF

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,868,856 shares of the company’s stock after buying an additional 53,271 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco RAFI US 1000 ETF were worth $87,687,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in PRF. Revolve Wealth Partners LLC purchased a new position in shares of Invesco RAFI US 1000 ETF during the 4th quarter valued at approximately $469,000. AQR Capital Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the first quarter worth $1,316,000. Goldman Sachs Group Inc. acquired a new stake in Invesco RAFI US 1000 ETF in the first quarter valued at $911,000. Franklin Resources Inc. acquired a new stake in Invesco RAFI US 1000 ETF in the second quarter valued at $101,000. Finally, Qube Research & Technologies Ltd boosted its stake in Invesco RAFI US 1000 ETF by 237,600.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock valued at $502,000 after acquiring an additional 11,880 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $53.60 on Friday. Invesco RAFI US 1000 ETF has a 1 year low of $40.37 and a 1 year high of $53.81. The firm’s 50-day simple moving average is $50.48 and its 200-day simple moving average is $48.80. The firm has a market cap of $9.87 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.