Kintra Wealth LLC Makes New $898,000 Investment in Invesco RAFI US 1000 ETF $PRF

Kintra Wealth LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 15,903 shares of the company’s stock, valued at approximately $898,000.

A number of other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco RAFI US 1000 ETF by 1,740.3% during the 4th 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 period. Bank of America Corp DE increased its position in Invesco RAFI US 1000 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after buying an additional 184,757 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Invesco RAFI US 1000 ETF by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after buying an additional 332,315 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco RAFI US 1000 ETF by 1.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock worth $243,627,000 after buying an additional 97,185 shares during the last quarter. Finally, Mariner LLC grew its stake in shares of Invesco RAFI US 1000 ETF by 1.8% in the fourth quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock worth $147,117,000 after acquiring an additional 54,954 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

Shares of PRF stock opened at $56.33 on Monday. The firm has a market capitalization of $10.08 billion, a P/E ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 1 year low of $44.11 and a 1 year high of $56.65. The firm’s fifty day simple moving average is $55.23 and its 200 day simple moving average is $52.36.

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.