Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Reaches New 1-Year High at $40.34

Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) hit a new 52-week high on Tuesday . The stock traded as high as $40.34 and last traded at $40.33, with a volume of 26425 shares trading hands. The stock had previously closed at $40.06.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.1 %

The stock has a fifty day moving average price of $39.12 and a 200-day moving average price of $38.21. The firm has a market cap of $7.40 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PRF. Clearstead Trust LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF during the first quarter worth $25,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF during the 2nd quarter worth $26,000. Fortis Group Advisors LLC increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 100.0% in 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 in the last quarter. Financial Synergies Wealth Advisors Inc. lifted its stake in shares of 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 purchasing an additional 761 shares during the period. Finally, SYM FINANCIAL Corp purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the second quarter worth about $52,000.

Invesco FTSE 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.