Summit Place Financial Advisors LLC Purchases New Stake in Invesco RAFI US 1000 ETF $PRF

Summit Place Financial Advisors LLC acquired a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $1,089,000.

Other large investors also recently added to or reduced their stakes in the company. HB Wealth Management LLC grew its holdings in shares of Invesco RAFI US 1000 ETF by 0.7% in the first quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock valued at $1,711,000 after purchasing an additional 241 shares during the period. Ferguson Wellman Capital Management Inc. grew its stake in shares of 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 buying an additional 245 shares during the period. IFP Advisors Inc grew its stake in shares of Invesco RAFI US 1000 ETF by 1.9% in the 2nd quarter. IFP Advisors Inc now owns 24,302 shares of the company’s stock valued at $1,313,000 after buying an additional 442 shares during the period. KWB Wealth increased its holdings in shares of Invesco RAFI US 1000 ETF by 0.6% during the 3rd quarter. KWB Wealth now owns 70,078 shares of the company’s stock worth $3,814,000 after buying an additional 450 shares during the last quarter. Finally, Godsey & Gibb Inc. acquired a new stake in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth approximately $25,000.

Invesco RAFI US 1000 ETF Stock Performance

Invesco RAFI US 1000 ETF stock opened at $56.05 on Monday. The company’s 50 day simple moving average is $55.72 and its 200-day simple moving average is $54.12. Invesco RAFI US 1000 ETF has a 1 year low of $44.47 and a 1 year high of $56.65. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88.

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.