McNamara Financial Services Inc. Acquires 1,102 Shares of Invesco RAFI US 1000 ETF $PRF

McNamara Financial Services Inc. grew its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.6% in the 2nd quarter, Holdings Channel reports. The fund owned 43,571 shares of the company’s stock after purchasing an additional 1,102 shares during the quarter. Invesco RAFI US 1000 ETF comprises 0.4% of McNamara Financial Services Inc.’s portfolio, making the stock its 22nd biggest holding. McNamara Financial Services Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $1,842,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of PRF. Exchange Traded Concepts LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at approximately $51,585,000. Charles Schwab Investment Management Inc. boosted its position in shares of Invesco RAFI US 1000 ETF by 3.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 24,407,637 shares of the company’s stock valued at $986,313,000 after acquiring an additional 887,580 shares during the period. Charter Capital Management LLC DE bought a new stake in shares of Invesco RAFI US 1000 ETF in the second quarter valued at approximately $23,683,000. Ameriprise Financial Inc. boosted its position in shares of Invesco RAFI US 1000 ETF by 6.2% in the first quarter. Ameriprise Financial Inc. now owns 7,010,953 shares of the company’s stock valued at $283,404,000 after acquiring an additional 406,790 shares during the period. Finally, Larson Financial Group LLC boosted its position in shares of Invesco RAFI US 1000 ETF by 75.3% in the first quarter. Larson Financial Group LLC now owns 404,439 shares of the company’s stock valued at $16,343,000 after acquiring an additional 173,731 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF stock opened at $44.13 on Monday. The stock has a market cap of $8.03 billion, a P/E ratio of 17.96 and a beta of 1.00. Invesco RAFI US 1000 ETF has a one year low of $34.98 and a one year high of $45.79. The stock has a fifty day moving average price of $44.35 and a 200 day moving average price of $41.93.

Invesco RAFI US 1000 ETF 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.