Bernicke Wealth Management Ltd. Makes New $1.11 Million Investment in Invesco RAFI US 1000 ETF $PRF

Bernicke Wealth Management Ltd. bought a new position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the 3rd quarter, Holdings Channel reports. The fund bought 20,441 shares of the company’s stock, valued at approximately $1,113,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Godsey & Gibb Inc. acquired a new position in Invesco RAFI US 1000 ETF during the 3rd quarter worth $25,000. Mascoma Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the third quarter valued at about $29,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at about $29,000. Versant Capital Management Inc acquired a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at about $31,000. Finally, Asset Dedication LLC bought a new position in shares of Invesco RAFI US 1000 ETF in the third quarter worth about $31,000.

Invesco RAFI US 1000 ETF Stock Performance

Invesco RAFI US 1000 ETF stock opened at $56.62 on Friday. Invesco RAFI US 1000 ETF has a 52 week low of $44.47 and a 52 week high of $57.29. The firm has a market capitalization of $10.19 billion, a PE ratio of 18.92 and a beta of 0.88. The business’s 50-day simple moving average is $55.75 and its 200-day simple moving average is $53.00.

Invesco RAFI US 1000 ETF 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.