Sylvest Advisors LLC Buys New Position in Invesco RAFI US 1000 ETF $PRF

Sylvest Advisors LLC purchased a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,889 shares of the company’s stock, valued at approximately $518,000.

Other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 acquiring an additional 31,596,591 shares during the period. Focus Partners Wealth grew its position in shares of Invesco RAFI US 1000 ETF by 367.4% during the fourth 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 during the last quarter. Boulder Wealth Advisors LLC acquired a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at $20,802,000. Goodman Advisory Group LLC acquired a new position in shares of Invesco RAFI US 1000 ETF in the 4th quarter valued at $19,644,000. Finally, Ameriprise Financial Inc. raised its position in 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 purchasing an additional 332,315 shares during the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of NYSEARCA:PRF opened at $53.72 on Friday. The stock has a market cap of $9.89 billion, a P/E ratio of 17.96 and a beta of 0.87. The firm has a fifty day moving average price of $52.69 and a 200 day moving average price of $49.86. Invesco RAFI US 1000 ETF has a 1-year low of $41.83 and a 1-year high of $54.65.

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.