Truefg LLC Makes New Investment in Invesco RAFI US 1000 ETF $PRF

Truefg LLC purchased a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,016 shares of the company’s stock, valued at approximately $541,000.

Several other institutional investors and hedge funds have also made changes to their positions in PRF. Bank of America Corp DE increased its holdings in shares of Invesco RAFI US 1000 ETF by 0.8% in the 1st quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock valued at $527,719,000 after acquiring an additional 92,636 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of Invesco RAFI US 1000 ETF by 2.6% during the 1st quarter. D.A. Davidson & CO. now owns 2,109,275 shares of the company’s stock worth $100,254,000 after acquiring an additional 53,433 shares in the last quarter. Berman McAleer LLC raised its position in shares of Invesco RAFI US 1000 ETF by 0.4% during the 1st quarter. Berman McAleer LLC now owns 1,571,539 shares of the company’s stock worth $74,695,000 after acquiring an additional 6,236 shares in the last quarter. Royal Bank of Canada lifted its stake in Invesco RAFI US 1000 ETF by 2.9% during the first quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock worth $58,607,000 after purchasing an additional 34,227 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Invesco RAFI US 1000 ETF by 2.5% during the first quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock worth $45,100,000 after purchasing an additional 22,749 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.2%

Shares of PRF opened at $55.84 on Wednesday. The stock has a 50 day moving average price of $55.72 and a 200 day moving average price of $53.64. The company has a market capitalization of $10.05 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 52-week low of $44.30 and a 52-week high of $56.65.

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.