Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $55.09 and last traded at $55.05, with a volume of 15646 shares trading hands. The stock had previously closed at $54.76.
Invesco RAFI US 1000 ETF Stock Performance
The business’s 50 day moving average price is $54.01 and its 200-day moving average price is $51.12. The firm has a market capitalization of $9.87 billion, a PE ratio of 17.96 and a beta of 0.87.
Institutional Trading of Invesco RAFI US 1000 ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco RAFI US 1000 ETF by 1,740.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after purchasing an additional 31,596,591 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco RAFI US 1000 ETF by 1.6% during the second quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after buying an additional 184,757 shares during the period. Ameriprise Financial Inc. raised its holdings in 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 valued at $310,447,000 after acquiring an additional 332,315 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Invesco RAFI US 1000 ETF by 1.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock worth $243,627,000 after acquiring an additional 97,185 shares in the last quarter. Finally, Mariner LLC increased its position in shares of Invesco RAFI US 1000 ETF by 1.8% in the 4th quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock valued at $147,117,000 after purchasing an additional 54,954 shares during the last quarter.
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.
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