Invesco RAFI US 1000 ETF $PRF Shares Bought by Royal Bank of Canada

Royal Bank of Canada raised its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,233,042 shares of the company’s stock after purchasing an additional 34,227 shares during the period. Royal Bank of Canada’s holdings in Invesco RAFI US 1000 ETF were worth $58,607,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. MCF Advisors LLC grew its position in shares of Invesco RAFI US 1000 ETF by 74.6% during the fourth quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after acquiring an additional 300 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter valued at $35,000. Russell Investments Group Ltd. raised its position in Invesco RAFI US 1000 ETF by 114.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares during the last quarter. Investment Research & Advisory Group Inc. boosted its stake in Invesco RAFI US 1000 ETF by 570.2% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock worth $41,000 after purchasing an additional 747 shares during the period. Finally, Howe & Rusling Inc. boosted its stake in Invesco RAFI US 1000 ETF by 100.9% during the 4th quarter. Howe & Rusling Inc. now owns 916 shares of the company’s stock worth $43,000 after purchasing an additional 460 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $54.76 on Friday. Invesco RAFI US 1000 ETF has a 1 year low of $41.83 and a 1 year high of $55.06. The company has a market capitalization of $9.79 billion, a P/E ratio of 17.96 and a beta of 0.87. The company’s fifty day moving average is $54.01 and its two-hundred day moving average is $51.10.

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.