Montz Harcus Wealth Management LLC Buys 19,096 Shares of Invesco RAFI US 1000 ETF $PRF

Montz Harcus Wealth Management LLC lifted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 6.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 331,940 shares of the company’s stock after purchasing an additional 19,096 shares during the period. Invesco RAFI US 1000 ETF comprises about 6.4% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Montz Harcus Wealth Management LLC’s holdings in Invesco RAFI US 1000 ETF were worth $15,777,000 at the end of the most recent reporting period.

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

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA PRF traded down $0.07 during trading on Tuesday, reaching $54.39. The stock had a trading volume of 55,737 shares, compared to its average volume of 510,818. The stock has a market cap of $9.75 billion, a PE ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a one year low of $41.83 and a one year high of $54.65. The firm’s 50 day moving average price is $53.13 and its two-hundred day moving average price is $50.18.

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.