Garrett Wealth Advisory Group LLC Grows Stock Position in Invesco RAFI US 1000 ETF $PRF

Garrett Wealth Advisory Group LLC boosted its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 810,044 shares of the company’s stock after acquiring an additional 20,807 shares during the quarter. Invesco RAFI US 1000 ETF accounts for about 7.2% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 4th largest position. Garrett Wealth Advisory Group LLC’s holdings in Invesco RAFI US 1000 ETF were worth $38,007,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PRF. Revolve Wealth Partners LLC bought a new position in Invesco RAFI US 1000 ETF in the 4th quarter worth about $469,000. AQR Capital Management LLC bought a new position in Invesco RAFI US 1000 ETF in the 1st quarter worth about $1,316,000. Goldman Sachs Group Inc. bought a new position in Invesco RAFI US 1000 ETF in the 1st quarter worth about $911,000. Franklin Resources Inc. bought a new position in Invesco RAFI US 1000 ETF in the 2nd quarter worth about $101,000. Finally, Qube Research & Technologies Ltd increased its stake in Invesco RAFI US 1000 ETF by 237,600.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock worth $502,000 after acquiring an additional 11,880 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.9%

Shares of NYSEARCA PRF opened at $52.57 on Friday. The firm has a market capitalization of $9.68 billion, a P/E ratio of 17.96 and a beta of 0.88. The stock’s 50-day simple moving average is $49.13 and its two-hundred day simple moving average is $48.01. Invesco RAFI US 1000 ETF has a twelve month low of $39.65 and a twelve month high of $52.64.

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.