316,149 Shares of Invesco RAFI US 1000 ETF $PRF Purchased by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC purchased a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 316,149 shares of the company’s stock, valued at approximately $17,208,000. Invesco RAFI US 1000 ETF comprises about 1.8% of Baker Ellis Asset Management LLC’s portfolio, making the stock its 15th biggest position. Baker Ellis Asset Management LLC owned 0.18% of Invesco RAFI US 1000 ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at approximately $25,162,000. Bouvel Investment Partners LLC bought a new position in shares of Invesco RAFI US 1000 ETF in the third quarter valued at about $9,602,000. Intelligence Driven Advisers LLC bought a new position in Invesco RAFI US 1000 ETF in the 3rd quarter valued at about $7,160,000. Fifth Third Bancorp increased its stake in shares of Invesco RAFI US 1000 ETF by 2,018.2% during the first quarter. Fifth Third Bancorp now owns 138,000 shares of the company’s stock worth $6,559,000 after purchasing an additional 131,485 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Invesco RAFI US 1000 ETF by 373.0% during the first quarter. Arkadios Wealth Advisors now owns 156,793 shares of the company’s stock worth $7,452,000 after buying an additional 123,647 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA:PRF traded down $0.15 during trading hours on Wednesday, reaching $55.69. 380,083 shares of the company were exchanged, compared to its average volume of 442,591. The company has a market capitalization of $10.02 billion, a P/E ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a 1-year low of $44.47 and a 1-year high of $56.65. The business has a 50 day moving average of $55.72 and a 200 day moving average of $53.64.

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.