Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Sets New 52-Week High – Here’s What Happened

Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $42.42 and last traded at $42.42, with a volume of 15075 shares. The stock had previously closed at $42.12.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.8 %

The company has a market capitalization of $7.83 billion, a PE ratio of 3.61 and a beta of 0.85. The stock has a fifty day simple moving average of $40.94 and a 200-day simple moving average of $39.41.

Institutional Trading of Invesco FTSE RAFI US 1000 ETF

Several institutional investors and hedge funds have recently made changes to their positions in PRF. Kovitz Investment Group Partners LLC lifted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 3,587.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock valued at $54,335,000 after purchasing an additional 1,344,229 shares during the last quarter. Rothschild Investment LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 2nd quarter worth approximately $21,983,000. Cetera Investment Advisers lifted its position in Invesco FTSE RAFI US 1000 ETF by 337.7% during the 1st quarter. Cetera Investment Advisers now owns 622,795 shares of the company’s stock worth $23,959,000 after acquiring an additional 480,518 shares during the period. RFG Advisory LLC lifted its position in Invesco FTSE RAFI US 1000 ETF by 7.3% during the 3rd quarter. RFG Advisory LLC now owns 5,980,169 shares of the company’s stock worth $242,974,000 after acquiring an additional 405,733 shares during the period. Finally, Goodman Advisory Group LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth approximately $16,108,000.

About Invesco FTSE 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.