Parallel Advisors LLC Acquires New Shares in Invesco RAFI US 1000 ETF $PRF

Parallel Advisors LLC acquired a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,188 shares of the company’s stock, valued at approximately $555,000.

Several other large investors also recently made changes to their positions in the business. Godsey & Gibb Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at $25,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Invesco RAFI US 1000 ETF during the 2nd quarter valued at $29,000. Mascoma Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter worth $29,000. Versant Capital Management Inc purchased a new stake in Invesco RAFI US 1000 ETF during the 2nd quarter worth $31,000. Finally, Asset Dedication LLC purchased a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter worth $31,000.

Invesco RAFI US 1000 ETF Trading Down 0.4%

Shares of NYSEARCA PRF opened at $56.54 on Friday. Invesco RAFI US 1000 ETF has a 12-month low of $44.47 and a 12-month high of $57.29. The company has a market cap of $10.17 billion, a P/E ratio of 18.92 and a beta of 0.88. The stock has a fifty day moving average price of $55.75 and a 200 day moving average price of $52.96.

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.