Rodgers & Associates LTD Makes New $11.93 Million Investment in Invesco RAFI US 1000 ETF $PRF

Rodgers & Associates LTD bought a new position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 219,096 shares of the company’s stock, valued at approximately $11,925,000. Invesco RAFI US 1000 ETF accounts for about 1.1% of Rodgers & Associates LTD’s holdings, making the stock its 25th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of PRF. Charles Schwab Trust Co purchased a new position in shares of Invesco RAFI US 1000 ETF during the third quarter valued at $31,407,000. Forvis Mazars Wealth Advisors LLC purchased a new position in Invesco RAFI US 1000 ETF during the 3rd quarter valued at about $25,162,000. Baker Ellis Asset Management LLC purchased a new position in Invesco RAFI US 1000 ETF during the 3rd quarter valued at about $17,208,000. Arlington Financial Advisors LLC purchased a new position in Invesco RAFI US 1000 ETF during the 3rd quarter valued at about $9,970,000. Finally, Bouvel Investment Partners LLC acquired a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at about $9,602,000.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF opened at $56.26 on Wednesday. The business’s 50-day moving average is $55.72 and its 200-day moving average is $53.95. The company has a market capitalization of $10.12 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a fifty-two week low of $44.47 and a fifty-two week high of $56.65.

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.