Navigate Wealth Management LLC Buys New Shares in Invesco RAFI US 1000 ETF $PRF

Navigate Wealth Management LLC bought a new position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the first quarter, Holdings Channel.com reports. The firm bought 38,540 shares of the company’s stock, valued at approximately $1,946,000. Invesco RAFI US 1000 ETF comprises about 1.4% of Navigate Wealth Management LLC’s holdings, making the stock its 18th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can grew its stake in Invesco RAFI US 1000 ETF by 1.3% during the 4th quarter. Bank of Montreal Can now owns 17,987 shares of the company’s stock valued at $844,000 after purchasing an additional 231 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 0.7% in the first quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock valued at $1,711,000 after purchasing an additional 241 shares during the period. Ferguson Wellman Capital Management Inc. raised its stake in shares of Invesco RAFI US 1000 ETF by 5.2% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock worth $237,000 after purchasing an additional 245 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of Invesco RAFI US 1000 ETF by 3.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 8,380 shares of the company’s stock worth $393,000 after purchasing an additional 299 shares during the last quarter. Finally, MCF Advisors LLC lifted its holdings in shares of Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after purchasing an additional 300 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

Invesco RAFI US 1000 ETF stock opened at $54.48 on Monday. The stock has a 50-day moving average price of $53.39 and a 200 day moving average price of $50.38. The company has a market capitalization of $9.77 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 52 week low of $41.83 and a 52 week high of $54.65.

Invesco RAFI US 1000 ETF Company 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.