Strategic Financial Concepts LLC Takes $1.86 Million Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Strategic Financial Concepts LLC acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 45,998 shares of the company’s stock, valued at approximately $1,856,000.

Several other hedge funds have also recently modified their holdings of PRF. BNP Paribas Financial Markets acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter worth approximately $27,000. Bristlecone Advisors LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter worth approximately $45,000. Coston McIsaac & Partners increased its holdings in Invesco FTSE RAFI US 1000 ETF by 31.1% in the 3rd quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after buying an additional 350 shares during the period. Decker Retirement Planning Inc. acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 4th quarter worth approximately $90,000. Finally, Provident Wealth Management LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter worth approximately $97,000.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.3 %

Shares of NYSEARCA:PRF opened at $41.95 on Tuesday. Invesco FTSE RAFI US 1000 ETF has a twelve month low of $35.48 and a twelve month high of $43.01. The company’s 50 day moving average is $41.37 and its 200 day moving average is $40.72. The company has a market cap of $7.74 billion, a PE ratio of 3.61 and a beta of 0.85.

About Invesco FTSE 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.