Truist Financial Corp Buys 49,635 Shares of Invesco RAFI US 1000 ETF $PRF

Truist Financial Corp lifted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 10.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 537,184 shares of the company’s stock after purchasing an additional 49,635 shares during the quarter. Truist Financial Corp owned 0.30% of Invesco RAFI US 1000 ETF worth $24,286,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in Invesco RAFI US 1000 ETF by 1.6% during the 2nd quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock valued at $488,868,000 after buying an additional 184,757 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco RAFI US 1000 ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after buying an additional 332,315 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Invesco RAFI US 1000 ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 4,719,038 shares of the company’s stock valued at $199,474,000 after acquiring an additional 16,804 shares during the period. Laurel Wealth Advisors LLC grew its stake in Invesco RAFI US 1000 ETF by 4,246.5% during the second quarter. Laurel Wealth Advisors LLC now owns 3,730,360 shares of the company’s stock valued at $157,682,000 after acquiring an additional 3,644,535 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Invesco RAFI US 1000 ETF by 0.6% during the second quarter. Invesco Ltd. now owns 3,186,528 shares of the company’s stock valued at $134,695,000 after acquiring an additional 18,381 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA PRF opened at $48.82 on Friday. The company’s 50 day simple moving average is $47.55 and its two-hundred day simple moving average is $45.55. Invesco RAFI US 1000 ETF has a 1 year low of $34.98 and a 1 year high of $49.04. The stock has a market capitalization of $8.90 billion, a PE ratio of 17.96 and a beta of 0.92.

About Invesco 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.