Invesco RAFI US 1000 ETF $PRF Shares Newly Acquired by Charles Schwab Trust Co

Charles Schwab Trust Co bought a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 577,019 shares of the company’s stock, valued at approximately $31,407,000. Invesco RAFI US 1000 ETF makes up approximately 1.8% of Charles Schwab Trust Co’s investment portfolio, making the stock its 15th largest position.

Other hedge funds have also recently modified their holdings of the company. Curated Wealth Partners LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth approximately $345,000. Colorado Capital Management Inc. acquired a new position in Invesco RAFI US 1000 ETF during the third quarter worth $1,472,000. Truefg LLC acquired a new position in Invesco RAFI US 1000 ETF during the third quarter worth $545,000. Mather Group LLC. purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter valued at $543,000. Finally, First Pacific Financial purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter valued at $403,000.

Invesco RAFI US 1000 ETF Stock Up 0.6%

Shares of PRF traded up $0.36 during midday trading on Thursday, reaching $56.05. The company had a trading volume of 196,998 shares, compared to its average volume of 441,206. Invesco RAFI US 1000 ETF has a 1-year low of $44.47 and a 1-year high of $56.65. The stock has a market cap of $10.08 billion, a PE ratio of 17.96 and a beta of 0.88. The firm has a 50 day simple moving average of $55.72 and a 200-day simple moving average of $53.70.

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.