West Financial Advisors LLC bought a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor bought 35,202 shares of the company’s stock, valued at approximately $1,916,000.
Several other hedge funds and other institutional investors have also modified their holdings of PRF. Barrett & Company Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF during the third quarter valued at $119,000. Capital Investment Advisors LLC acquired a new position in Invesco RAFI US 1000 ETF during the third quarter valued at $872,000. Brookstone Capital Management purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth about $261,000. Root Financial Partners LLC lifted its stake in Invesco RAFI US 1000 ETF by 25.9% in the 3rd quarter. Root Financial Partners LLC now owns 11,613 shares of the company’s stock worth $632,000 after acquiring an additional 2,390 shares in the last quarter. Finally, Marion Wealth Management purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth about $9,430,000.
Invesco RAFI US 1000 ETF Trading Down 0.6%
NYSEARCA PRF traded down $0.35 during trading on Friday, reaching $56.05. 179,012 shares of the company’s stock were exchanged, compared to its average volume of 437,878. Invesco RAFI US 1000 ETF has a fifty-two week low of $44.47 and a fifty-two week high of $56.65. The company’s fifty day simple moving average is $55.72 and its 200-day simple moving average is $54.08. The firm has a market capitalization of $10.08 billion, a PE ratio of 17.96 and a beta of 0.88.
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.
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Want to see what other hedge funds are holding PRF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report).
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