MCF Advisors LLC Buys 13,995 Shares of Invesco RAFI US 1000 ETF $PRF

MCF Advisors LLC grew its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1,993.6% during the second quarter, HoldingsChannel reports. The firm owned 14,697 shares of the company’s stock after buying an additional 13,995 shares during the quarter. MCF Advisors LLC’s holdings in Invesco RAFI US 1000 ETF were worth $794,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PRF. C M Bidwell & Associates Ltd. acquired a new position in Invesco RAFI US 1000 ETF during the 2nd quarter worth approximately $29,000. Versant Capital Management Inc acquired a new stake in Invesco RAFI US 1000 ETF in the second quarter valued at approximately $31,000. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth $35,000. Russell Investments Group Ltd. grew its stake in shares of Invesco RAFI US 1000 ETF by 114.1% during the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock worth $38,000 after buying an additional 445 shares during the last quarter. Finally, Howe & Rusling Inc. grew its stake in shares of Invesco RAFI US 1000 ETF by 100.9% during the fourth quarter. Howe & Rusling Inc. now owns 916 shares of the company’s stock worth $43,000 after buying an additional 460 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF opened at $55.48 on Friday. Invesco RAFI US 1000 ETF has a 52-week low of $44.11 and a 52-week high of $56.65. The company has a market capitalization of $9.92 billion, a PE ratio of 17.96 and a beta of 0.87. The company has a fifty day moving average of $55.37 and a 200-day moving average of $52.53.

Invesco RAFI US 1000 ETF Company 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.