Gateway Wealth Partners LLC Acquires 15,512 Shares of Invesco RAFI US 1000 ETF $PRF

Gateway Wealth Partners LLC grew its holdings in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 81.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,636 shares of the company’s stock after purchasing an additional 15,512 shares during the period. Gateway Wealth Partners LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,646,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in PRF. MCF Advisors LLC grew its position in Invesco RAFI US 1000 ETF by 74.6% in the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in Invesco RAFI US 1000 ETF during the 4th quarter worth about $34,000. JPL Wealth Management LLC bought a new stake in Invesco RAFI US 1000 ETF during the 3rd quarter worth about $35,000. Russell Investments Group Ltd. boosted its stake in shares of Invesco RAFI US 1000 ETF by 114.1% during the 3rd 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, Investment Research & Advisory Group Inc. raised its holdings in Invesco RAFI US 1000 ETF by 570.2% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after acquiring an additional 747 shares in the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.6%

PRF stock opened at $54.93 on Wednesday. The business has a 50 day moving average price of $53.90 and a two-hundred day moving average price of $50.99. The company has a market cap of $9.82 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a twelve month low of $41.83 and a twelve month high of $55.02.

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.