Invesco RAFI US 1000 ETF $PRF Position Boosted by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC grew its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 6.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 331,940 shares of the company’s stock after purchasing an additional 19,096 shares during the period. Invesco RAFI US 1000 ETF makes up approximately 6.4% of Montz Harcus Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Montz Harcus Wealth Management LLC owned approximately 0.18% of Invesco RAFI US 1000 ETF worth $15,777,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings 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 buying an additional 31,596,591 shares during the period. Focus Partners Wealth increased its position in shares of Invesco RAFI US 1000 ETF by 367.4% in the fourth quarter. Focus Partners Wealth now owns 1,714,516 shares of the company’s stock worth $80,419,000 after acquiring an additional 1,347,696 shares in the last quarter. Boulder Wealth Advisors LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the third quarter worth $20,802,000. Goodman Advisory Group LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter worth $19,644,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Invesco RAFI US 1000 ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after acquiring an additional 332,315 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF traded down $0.07 during midday trading on Tuesday, hitting $54.39. 55,737 shares of the company’s stock traded hands, compared to its average volume of 510,818. The company has a market cap of $9.75 billion, a PE ratio of 17.96 and a beta of 0.87. The firm’s fifty day moving average price is $53.13 and its two-hundred day moving average price is $50.18. Invesco RAFI US 1000 ETF has a twelve month low of $41.83 and a twelve month high of $54.65.

Invesco 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.