Raymond James Financial Inc. Buys New Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Raymond James Financial Inc. bought a new stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,357,580 shares of the company’s stock, valued at approximately $54,765,000. Raymond James Financial Inc. owned about 0.74% of Invesco FTSE RAFI US 1000 ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at about $27,000. Smartleaf Asset Management LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $34,000. Noble Wealth Management PBC acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $43,000. IMG Wealth Management Inc. acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $61,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the 4th quarter valued at about $90,000.

Invesco FTSE RAFI US 1000 ETF Stock Down 1.6 %

Shares of PRF stock opened at $40.25 on Tuesday. The firm has a 50 day moving average price of $41.50 and a two-hundred day moving average price of $41.13. The company has a market capitalization of $7.42 billion, a PE ratio of 17.95 and a beta of 0.99. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $36.36 and a 12-month high of $43.01.

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.