Essex Financial Services Inc. Increases Position in Invesco RAFI US 1000 ETF $PRF

Essex Financial Services Inc. raised its holdings in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 7.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 275,840 shares of the company’s stock after purchasing an additional 20,010 shares during the period. Invesco RAFI US 1000 ETF accounts for 0.7% of Essex Financial Services Inc.’s portfolio, making the stock its 27th largest position. Essex Financial Services Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $13,111,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Fisher Asset Management LLC bought a new stake in Invesco RAFI US 1000 ETF in the third quarter worth $508,000. Farther Finance Advisors LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 796.9% during the fourth quarter. Farther Finance Advisors LLC now owns 34,422 shares of the company’s stock valued at $1,615,000 after acquiring an additional 30,584 shares in the last quarter. Forteris Wealth Management Inc. bought a new position in shares of Invesco RAFI US 1000 ETF during the fourth quarter valued at $3,428,000. Charter Capital Management LLC DE raised its position in shares of Invesco RAFI US 1000 ETF by 2.0% in the 4th quarter. Charter Capital Management LLC DE now owns 586,153 shares of the company’s stock worth $27,502,000 after purchasing an additional 11,741 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco RAFI US 1000 ETF by 2.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,868,856 shares of the company’s stock worth $87,687,000 after purchasing an additional 53,271 shares during the last quarter.

Invesco RAFI US 1000 ETF Price Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $54.05 on Thursday. Invesco RAFI US 1000 ETF has a 1 year low of $41.83 and a 1 year high of $54.65. The firm’s 50-day moving average is $52.90 and its 200 day moving average is $50.03. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87.

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.