Summit Place Financial Advisors LLC Purchases 20,000 Shares of Invesco RAFI US 1000 ETF $PRF

Summit Place Financial Advisors LLC bought a new stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,000 shares of the company’s stock, valued at approximately $1,089,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its position in Invesco RAFI US 1000 ETF by 0.8% during the first quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock worth $527,719,000 after acquiring an additional 92,636 shares during the period. D.A. Davidson & CO. grew its position in shares of Invesco RAFI US 1000 ETF by 2.6% in the first quarter. D.A. Davidson & CO. now owns 2,109,275 shares of the company’s stock valued at $100,254,000 after purchasing an additional 53,433 shares during the period. Royal Bank of Canada grew its position in shares of Invesco RAFI US 1000 ETF by 2.9% in the first quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock valued at $58,607,000 after purchasing an additional 34,227 shares during the period. Cetera Investment Advisers grew its position in shares of Invesco RAFI US 1000 ETF by 2.5% in the first quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock valued at $45,100,000 after purchasing an additional 22,749 shares during the period. Finally, Garrett Wealth Advisory Group LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF during the third quarter worth about $43,726,000.

Invesco RAFI US 1000 ETF Price Performance

PRF opened at $56.05 on Monday. Invesco RAFI US 1000 ETF has a twelve month low of $44.47 and a twelve month high of $56.65. The company has a market cap of $10.08 billion, a PE ratio of 17.96 and a beta of 0.88. The company has a 50-day moving average price of $55.72 and a 200 day moving average price of $54.12.

Invesco RAFI US 1000 ETF 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.