GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 688,303 shares of the company’s stock, valued at approximately $37,464,000. Invesco RAFI US 1000 ETF comprises 0.9% of GRIMES & Co WEALTH MANAGEMENT LLC’s investment portfolio, making the stock its 22nd biggest position.
A number of other hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of 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 worth $527,719,000 after buying an additional 92,636 shares during the last quarter. D.A. Davidson & CO. purchased a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter worth $122,096,000. 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 buying an additional 34,227 shares during the period. Cetera Investment Advisers raised its position in shares of Invesco RAFI US 1000 ETF by 2.5% in the 1st quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock worth $45,100,000 after buying an additional 22,749 shares during the period. Finally, Garrett Wealth Advisory Group LLC acquired a new position in Invesco RAFI US 1000 ETF in the third quarter valued at $43,726,000.
Invesco RAFI US 1000 ETF Stock Performance
Shares of Invesco RAFI US 1000 ETF stock opened at $56.13 on Tuesday. The business’s fifty day moving average price is $55.73 and its 200 day moving average price is $52.65. Invesco RAFI US 1000 ETF has a twelve month low of $44.47 and a twelve month high of $56.65. The stock has a market capitalization of $10.10 billion, a P/E ratio of 17.96 and a beta of 0.88.
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.
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