Connecticut Wealth Management LLC Acquires 66,368 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Connecticut Wealth Management LLC increased its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 610.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,234 shares of the company’s stock after purchasing an additional 66,368 shares during the period. Connecticut Wealth Management LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $3,116,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Smartleaf Asset Management LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $34,000. Noble Wealth Management PBC bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $43,000. Integrity Financial Corp WA bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $54,000. IMG Wealth Management Inc. bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at about $61,000. Finally, Johnson Financial Group Inc. boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 7.5% during the fourth quarter. Johnson Financial Group Inc. now owns 3,601 shares of the company’s stock valued at $151,000 after acquiring an additional 250 shares during the period.

Invesco FTSE RAFI US 1000 ETF Price Performance

PRF stock opened at $40.38 on Thursday. Invesco FTSE RAFI US 1000 ETF has a 52-week low of $34.98 and a 52-week high of $43.01. The company has a 50-day moving average of $39.28 and a two-hundred day moving average of $40.75. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 16.98 and a beta of 0.93.

Invesco FTSE 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.