Osaic Holdings Inc. Boosts Position in Invesco RAFI US 1000 ETF $PRF

Osaic Holdings Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 17.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 486,251 shares of the company’s stock after buying an additional 71,580 shares during the quarter. Osaic Holdings Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $20,554,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Revolve Wealth Partners LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the fourth quarter valued at approximately $469,000. Raymond James Financial Inc. grew its stake in Invesco RAFI US 1000 ETF by 0.8% in the first quarter. Raymond James Financial Inc. now owns 1,368,290 shares of the company’s stock worth $55,293,000 after purchasing an additional 10,710 shares in the last quarter. Bragg Financial Advisors Inc increased its holdings in Invesco RAFI US 1000 ETF by 11.2% during the 1st quarter. Bragg Financial Advisors Inc now owns 31,770 shares of the company’s stock worth $1,284,000 after purchasing an additional 3,210 shares during the period. Ameriprise Financial Inc. raised its position in Invesco RAFI US 1000 ETF by 6.2% during the 1st quarter. Ameriprise Financial Inc. now owns 7,010,953 shares of the company’s stock valued at $283,404,000 after purchasing an additional 406,790 shares in the last quarter. Finally, Trinity Legacy Partners LLC raised its position in Invesco RAFI US 1000 ETF by 6.0% during the 1st quarter. Trinity Legacy Partners LLC now owns 212,353 shares of the company’s stock valued at $8,653,000 after purchasing an additional 11,931 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Down 0.5%

Shares of PRF stock opened at $46.68 on Thursday. Invesco RAFI US 1000 ETF has a twelve month low of $34.98 and a twelve month high of $47.67. The stock has a fifty day simple moving average of $45.93 and a two-hundred day simple moving average of $44.21. The stock has a market capitalization of $8.47 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92.

Invesco 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.