D.A. Davidson & CO. bought a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,243,176 shares of the company’s stock, valued at approximately $122,096,000. D.A. Davidson & CO. owned 1.25% of Invesco RAFI US 1000 ETF as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in Invesco RAFI US 1000 ETF by 0.8% during the 1st quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock valued at $527,719,000 after acquiring an additional 92,636 shares in the last quarter. Royal Bank of Canada raised its position in shares of Invesco RAFI US 1000 ETF by 2.9% in the 1st quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock worth $58,607,000 after acquiring an additional 34,227 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco RAFI US 1000 ETF by 2.5% during the 1st quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock worth $45,100,000 after purchasing an additional 22,749 shares during the last quarter. Garrett Wealth Advisory Group LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth $43,726,000. Finally, Charles Schwab Trust Co purchased a new stake in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth $31,407,000.
Invesco RAFI US 1000 ETF Price Performance
Shares of PRF stock opened at $56.33 on Thursday. Invesco RAFI US 1000 ETF has a 1-year low of $44.47 and a 1-year high of $56.65. The stock’s 50-day moving average is $55.72 and its 200 day moving average is $52.53. The company has a market cap of $10.13 billion, a P/E ratio of 17.96 and a beta of 0.88.
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.
Further Reading
- Five stocks we like better than Invesco RAFI US 1000 ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Want to see what other hedge funds are holding PRF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report).
Receive News & Ratings for Invesco RAFI US 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco RAFI US 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
