Focus Partners Wealth Increases Position in Invesco RAFI US 1000 ETF $PRF

Focus Partners Wealth lifted its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 367.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,714,516 shares of the company’s stock after purchasing an additional 1,347,696 shares during the period. Focus Partners Wealth owned 0.94% of Invesco RAFI US 1000 ETF worth $80,419,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PRF. MCF Advisors LLC increased its position in shares of Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after purchasing an additional 300 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF during the 4th quarter worth approximately $34,000. JPL Wealth Management LLC acquired a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter valued at approximately $35,000. Russell Investments Group Ltd. increased its holdings in Invesco RAFI US 1000 ETF by 114.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. boosted its position in Invesco RAFI US 1000 ETF by 570.2% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after buying an additional 747 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF stock opened at $54.05 on Monday. Invesco RAFI US 1000 ETF has a 52 week low of $40.88 and a 52 week high of $54.22. The stock has a market capitalization of $9.95 billion, a PE ratio of 17.96 and a beta of 0.87. The firm has a 50 day moving average of $51.72 and a two-hundred day moving average of $49.38.

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.