FDx Advisors Inc. Makes New $3.35 Million Investment in Invesco RAFI US 1000 ETF $PRF

FDx Advisors Inc. bought a new position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 61,470 shares of the company’s stock, valued at approximately $3,346,000. Invesco RAFI US 1000 ETF comprises about 2.3% of FDx Advisors Inc.’s holdings, making the stock its 13th largest position.

Several other hedge funds have also recently made changes to their positions in PRF. Godsey & Gibb Inc. bought a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at about $25,000. C M Bidwell & Associates Ltd. bought a new stake in Invesco RAFI US 1000 ETF during the second quarter worth approximately $29,000. Mascoma Wealth Management LLC bought a new stake in Invesco RAFI US 1000 ETF during the third quarter worth approximately $29,000. Versant Capital Management Inc bought a new stake in Invesco RAFI US 1000 ETF during the second quarter worth approximately $31,000. Finally, Asset Dedication LLC purchased a new stake in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $31,000.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF stock opened at $56.79 on Thursday. The company has a market cap of $10.22 billion, a PE ratio of 18.92 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 1 year low of $44.47 and a 1 year high of $57.29. The stock’s 50 day simple moving average is $55.74 and its two-hundred day simple moving average is $52.92.

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.