Invesco RAFI US 1000 ETF (NYSEARCA:PRF) Shares Purchased by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC raised its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 85,825 shares of the company’s stock after acquiring an additional 2,738 shares during the period. Laurel Wealth Advisors LLC’s holdings in Invesco RAFI US 1000 ETF were worth $3,468,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. UMB Bank n.a. acquired a new position in Invesco RAFI US 1000 ETF in the first quarter valued at $30,000. Smartleaf Asset Management LLC purchased a new stake in Invesco RAFI US 1000 ETF during the fourth quarter worth about $34,000. Noble Wealth Management PBC purchased a new stake in Invesco RAFI US 1000 ETF during the fourth quarter worth about $43,000. Integrity Financial Corp WA purchased a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at about $54,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at about $61,000.

Invesco RAFI US 1000 ETF Stock Performance

Shares of PRF opened at $41.56 on Wednesday. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of 17.94 and a beta of 0.93. The company’s 50 day simple moving average is $39.38 and its 200 day simple moving average is $40.65. Invesco RAFI US 1000 ETF has a 1 year low of $34.98 and a 1 year high of $43.01.

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.