Invesco RAFI US 1000 ETF $PRF Shares Acquired by GM Advisory Group LLC

GM Advisory Group LLC lifted its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 166.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,929 shares of the company’s stock after purchasing an additional 21,803 shares during the period. GM Advisory Group LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,660,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in Invesco RAFI US 1000 ETF by 1,740.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after buying an additional 31,596,591 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Invesco RAFI US 1000 ETF by 367.4% during the 4th quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock worth $80,419,000 after acquiring an additional 1,347,696 shares in the last quarter. Boulder Wealth Advisors LLC acquired a new position in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth about $20,802,000. Goodman Advisory Group LLC purchased a new position in shares of Invesco RAFI US 1000 ETF in the 4th quarter valued at about $19,644,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of Invesco RAFI US 1000 ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after acquiring an additional 332,315 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA PRF opened at $54.26 on Friday. The stock’s 50-day simple moving average is $53.05 and its 200-day simple moving average is $50.11. The firm has a market capitalization of $9.72 billion, a PE ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a fifty-two week low of $41.83 and a fifty-two week high of $54.65.

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.