Forvis Mazars Wealth Advisors LLC Buys 462,286 Shares of Invesco RAFI US 1000 ETF $PRF

Forvis Mazars Wealth Advisors LLC purchased a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 462,286 shares of the company’s stock, valued at approximately $25,162,000. Forvis Mazars Wealth Advisors LLC owned approximately 0.26% of Invesco RAFI US 1000 ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PRF. HB Wealth Management LLC boosted its position in shares of Invesco RAFI US 1000 ETF by 0.7% in the 1st quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock worth $1,711,000 after buying an additional 241 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its stake in Invesco RAFI US 1000 ETF by 5.2% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock valued at $237,000 after acquiring an additional 245 shares during the last quarter. Novare Capital Management LLC grew its stake in Invesco RAFI US 1000 ETF by 1.2% in the 1st quarter. Novare Capital Management LLC now owns 37,268 shares of the company’s stock valued at $1,771,000 after acquiring an additional 442 shares during the last quarter. IFP Advisors Inc increased its holdings in Invesco RAFI US 1000 ETF by 1.9% during the 2nd quarter. IFP Advisors Inc now owns 24,302 shares of the company’s stock valued at $1,313,000 after acquiring an additional 442 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new position in Invesco RAFI US 1000 ETF during the 2nd quarter valued at about $29,000.

Invesco RAFI US 1000 ETF Price Performance

PRF traded up $0.09 during midday trading on Tuesday, reaching $55.84. 257,885 shares of the company’s stock were exchanged, compared to its average volume of 442,911. The stock has a market capitalization of $10.05 billion, a PE ratio of 17.96 and a beta of 0.88. The business’s 50-day moving average price is $55.72 and its 200 day moving average price is $53.58. Invesco RAFI US 1000 ETF has a 1-year low of $44.30 and a 1-year high of $56.65.

About Invesco 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.