Invesco RAFI US 1000 ETF $PRF Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 12.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,282 shares of the company’s stock after buying an additional 14,882 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.08% of Invesco RAFI US 1000 ETF worth $6,573,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MCF Advisors LLC raised its position in Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after acquiring an additional 300 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF in the 4th quarter worth approximately $34,000. JPL Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth approximately $35,000. Russell Investments Group Ltd. grew its stake in shares of Invesco RAFI US 1000 ETF by 114.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares during the period. Finally, Investment Research & Advisory Group Inc. grew its stake in shares of Invesco RAFI US 1000 ETF by 570.2% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after purchasing an additional 747 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA:PRF opened at $54.26 on Friday. The company has a 50 day moving average price of $53.05 and a 200-day moving average price of $50.11. Invesco RAFI US 1000 ETF has a 1-year low of $41.83 and a 1-year high of $54.65. The firm has a market cap of $9.72 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87.

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.