Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $54.65 and last traded at $54.63, with a volume of 25709 shares. The stock had previously closed at $54.48.
Invesco RAFI US 1000 ETF Price Performance
The company has a market capitalization of $9.77 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. The firm’s fifty day moving average price is $53.39 and its 200-day moving average price is $50.38.
Institutional Investors Weigh In On Invesco RAFI US 1000 ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in Invesco RAFI US 1000 ETF by 1,740.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after purchasing an additional 31,596,591 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Invesco RAFI US 1000 ETF by 367.4% during the fourth quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock valued at $80,419,000 after purchasing an additional 1,347,696 shares in the last quarter. Boulder Wealth Advisors LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth about $20,802,000. Goodman Advisory Group LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter worth about $19,644,000. Finally, Ameriprise Financial Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after buying an additional 332,315 shares during the period.
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.
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