Fifth Third Bancorp Has $6.56 Million Stake in Invesco RAFI US 1000 ETF $PRF

Fifth Third Bancorp lifted its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2,018.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 138,000 shares of the company’s stock after purchasing an additional 131,485 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco RAFI US 1000 ETF were worth $6,559,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. MCF Advisors LLC increased its stake in Invesco RAFI US 1000 ETF by 74.6% during the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares during the period. Lodestone Wealth Management LLC acquired a new position in Invesco RAFI US 1000 ETF in the 4th quarter valued at $34,000. JPL Wealth Management LLC acquired a new position in Invesco RAFI US 1000 ETF in the 3rd quarter valued at $35,000. Russell Investments Group Ltd. lifted its position in shares of Invesco RAFI US 1000 ETF by 114.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after acquiring an additional 445 shares during the period. Finally, Investment Research & Advisory Group Inc. lifted its position in shares of Invesco RAFI US 1000 ETF by 570.2% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after acquiring an additional 747 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

PRF opened at $54.68 on Friday. The firm has a market cap of $9.82 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 52-week low of $41.83 and a 52-week high of $54.87. The business’s fifty day moving average is $53.59 and its 200-day moving average is $50.59.

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.