Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $52.76 and last traded at $52.62, with a volume of 528163 shares traded. The stock had previously closed at $52.57.
Invesco RAFI US 1000 ETF Price Performance
The stock’s fifty day moving average price is $49.25 and its 200-day moving average price is $48.11. The firm has a market cap of $9.68 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PRF. MCF Advisors LLC grew its position in Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the 4th quarter worth $34,000. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth $35,000. Russell Investments Group Ltd. boosted its holdings in shares of Invesco RAFI US 1000 ETF by 114.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after buying an additional 445 shares during the period. Finally, Investment Research & Advisory Group Inc. raised its stake in Invesco RAFI US 1000 ETF by 570.2% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after purchasing an additional 747 shares during the last quarter.
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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