Essex Financial Services Inc. Has $12 Million Stake in Invesco RAFI US 1000 ETF $PRF

Essex Financial Services Inc. raised its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 8.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 255,830 shares of the company’s stock after purchasing an additional 20,110 shares during the period. Essex Financial Services Inc. owned approximately 0.14% of Invesco RAFI US 1000 ETF worth $12,004,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Soundwatch Capital LLC acquired a new position in Invesco RAFI US 1000 ETF during the 4th quarter valued at about $322,000. Rothschild Investment LLC boosted its stake in Invesco RAFI US 1000 ETF by 0.3% during the 4th quarter. Rothschild Investment LLC now owns 619,700 shares of the company’s stock valued at $29,076,000 after purchasing an additional 1,598 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco RAFI US 1000 ETF by 2.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,868,856 shares of the company’s stock valued at $87,687,000 after purchasing an additional 53,271 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its stake in Invesco RAFI US 1000 ETF by 8.2% during the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,155 shares of the company’s stock valued at $336,000 after purchasing an additional 540 shares during the last quarter. Finally, Integrity Alliance LLC. boosted its stake in Invesco RAFI US 1000 ETF by 80.4% during the 4th quarter. Integrity Alliance LLC. now owns 22,706 shares of the company’s stock valued at $1,065,000 after purchasing an additional 10,119 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

PRF stock opened at $53.60 on Friday. The company has a market capitalization of $9.87 billion, a P/E ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 52-week low of $40.37 and a 52-week high of $53.81. The business has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $48.80.

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.