Solitude Financial Services Purchases 554 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Solitude Financial Services grew its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,815 shares of the company’s stock after acquiring an additional 554 shares during the quarter. Invesco FTSE RAFI US 1000 ETF accounts for about 0.4% of Solitude Financial Services’ holdings, making the stock its 20th largest position. Solitude Financial Services’ holdings in Invesco FTSE RAFI US 1000 ETF were worth $828,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Clearstead Trust LLC acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 1st quarter worth approximately $25,000. Fortis Group Advisors LLC lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock valued at $25,000 after purchasing an additional 360 shares during the last quarter. Financial Synergies Wealth Advisors Inc. boosted its position in Invesco FTSE RAFI US 1000 ETF by 510.7% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock valued at $35,000 after buying an additional 761 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth about $35,000. Finally, Smithfield Trust Co bought a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth about $42,000.

Invesco FTSE RAFI US 1000 ETF Stock Performance

PRF traded up $0.13 during midday trading on Friday, hitting $39.22. The company had a trading volume of 178,188 shares, compared to its average volume of 426,763. Invesco FTSE RAFI US 1000 ETF has a twelve month low of $30.29 and a twelve month high of $39.89. The company has a market capitalization of $7.23 billion, a PE ratio of 3.61 and a beta of 0.85. The firm’s 50-day simple moving average is $38.42 and its 200-day simple moving average is $37.67.

Invesco FTSE RAFI US 1000 ETF 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.