Invesco RAFI US 1000 ETF $PRF Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 10.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 304,493 shares of the company’s stock after buying an additional 28,563 shares during the period. Invesco RAFI US 1000 ETF makes up approximately 0.7% of Cornerstone Wealth Management LLC’s holdings, making the stock its 22nd largest holding. Cornerstone Wealth Management LLC’s holdings in Invesco RAFI US 1000 ETF were worth $14,287,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC acquired a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at $508,000. Farther Finance Advisors LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 796.9% in the 4th quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock valued at $1,615,000 after acquiring an additional 30,584 shares during the period. AlphaCore Capital LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 3.4% in the 3rd quarter. AlphaCore Capital LLC now owns 936,002 shares of the company’s stock valued at $42,317,000 after acquiring an additional 30,837 shares during the period. Charter Capital Management LLC DE increased its holdings in shares of Invesco RAFI US 1000 ETF by 2.0% in the 4th quarter. Charter Capital Management LLC DE now owns 586,153 shares of the company’s stock valued at $27,502,000 after acquiring an additional 11,741 shares during the period. Finally, Guidance Capital Inc. increased its holdings in shares of Invesco RAFI US 1000 ETF by 14.2% in the 3rd quarter. Guidance Capital Inc. now owns 90,898 shares of the company’s stock valued at $4,174,000 after acquiring an additional 11,278 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $52.78 on Friday. The firm’s fifty day simple moving average is $49.44 and its 200-day simple moving average is $48.26. The stock has a market capitalization of $9.71 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 12 month low of $39.89 and a 12 month high of $52.97.

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.