Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Sets New 12-Month High – Here’s What Happened

Invesco RAFI US 1000 ETF (NYSEARCA:PRFGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $47.67 and last traded at $47.60, with a volume of 33348 shares trading hands. The stock had previously closed at $47.31.

Invesco RAFI US 1000 ETF Trading Up 1.0%

The company has a market capitalization of $8.73 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92. The company has a 50 day moving average price of $46.42 and a 200 day moving average price of $44.73.

Institutional Trading of Invesco RAFI US 1000 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its position in shares of Invesco RAFI US 1000 ETF by 4,246.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,730,360 shares of the company’s stock valued at $157,682,000 after buying an additional 3,644,535 shares in the last quarter. Berman McAleer LLC acquired a new position in Invesco RAFI US 1000 ETF in the third quarter valued at about $70,352,000. Exchange Traded Concepts LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter worth about $51,585,000. AlphaCore Capital LLC raised its position in shares of Invesco RAFI US 1000 ETF by 30,898.8% during the second quarter. AlphaCore Capital LLC now owns 905,165 shares of the company’s stock worth $38,261,000 after purchasing an additional 902,245 shares during the period. Finally, Charter Capital Management LLC DE bought a new position in shares of Invesco RAFI US 1000 ETF during the 2nd quarter valued at about $23,683,000.

Invesco RAFI US 1000 ETF Company Profile

(Get Free Report)

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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