Invesco RAFI US 1000 ETF $PRF Shares Newly Purchased by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC acquired a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, HoldingsChannel reports. The firm acquired 316,149 shares of the company’s stock, valued at approximately $17,208,000. Invesco RAFI US 1000 ETF makes up about 1.8% of Baker Ellis Asset Management LLC’s holdings, making the stock its 15th largest holding.

A number of other hedge funds also recently modified their holdings of the business. Bank of America Corp DE raised its position in shares of Invesco RAFI US 1000 ETF by 0.8% during the first quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock worth $527,719,000 after acquiring an additional 92,636 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of Invesco RAFI US 1000 ETF by 2.6% in the 1st quarter. D.A. Davidson & CO. now owns 2,109,275 shares of the company’s stock valued at $100,254,000 after buying an additional 53,433 shares during the period. Berman McAleer LLC raised its stake in Invesco RAFI US 1000 ETF by 0.4% during the 1st quarter. Berman McAleer LLC now owns 1,571,539 shares of the company’s stock worth $74,695,000 after buying an additional 6,236 shares during the period. Royal Bank of Canada grew its position in Invesco RAFI US 1000 ETF by 2.9% in the 1st quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock valued at $58,607,000 after purchasing an additional 34,227 shares during the period. Finally, Cetera Investment Advisers increased its stake in Invesco RAFI US 1000 ETF by 2.5% during the 1st quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock valued at $45,100,000 after purchasing an additional 22,749 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Down 0.3%

Shares of PRF traded down $0.15 on Wednesday, reaching $55.69. The company’s stock had a trading volume of 380,083 shares, compared to its average volume of 442,591. The firm has a fifty day moving average of $55.72 and a 200-day moving average of $53.64. The stock has a market capitalization of $10.02 billion, a PE ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a twelve month low of $44.47 and a twelve month high of $56.65.

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.